Fast Facts August 2013

Yampa Valley FastFacts August 2013  Key Takeaways

Employment

In July 2013 Moffat County’s unemployment rate decreased to 6.1% from 6.7% a month earlier. Routt’s rate dropped to 5.6% from 6.6% last month. The 12-month average unemployment rate in both counties continues to decline.

Retail Sales

Combined Moffat and Routt taxable sales in May 2013 were $81.53 million. This represents a 0.5% increase compared to May 2012. At the county level, Routt’s year-over-year sales declined by 0.2% and Moffat year-over-year sales grew 1.6%.

Real Estate

As of July 2013, average listing prices held steady at $189,000. In Routt, average listing prices were down 7% compared to June 2013. The number of Moffat county foreclosures increased from 3 to 8 from the previous month. Routt county’s foreclosure rate remained unchanged from June 2013.

Energy

As of May 2013, Moffat County year-to-date oil production was up 37.5% compared to 2012. Year-to-date natural gas production in Moffat was also up by 10.4% compared to 2012. Year-to-date coal production was down 15.8% and up 4.7% in Moffat and Routt, respectively.

Climate 

The average daily stream flow on the Yampa was running at 106 cfs as of Sept 1st which is 78% of the average level. The water level was at 98% of average at Stagecoach reservoir as of July 31st. The water level at the Yamcolo reservoir storage site was 17% of average as of July 31st.

Fast Facts August 2013

Products & Services

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