Fast Facts September 2013

Energy

As of June 2013, Moffat County year-to-date oil production was up 33.3% compared to 2012. Year-to-date natural gas production in Moffat was also up by 6.1% compared to 2012. Year-to-date coal production was down 13.4% and up 7.0% in Moffat and Routt, respectively.

Retail Sales

Combined Moffat and Routt taxable sales in June 2013 were $106 million. This represents a 5.4% increase compared to June 2012. At the county level, Routt’s year-over-year sales increased by 4.6% and Moffat year-over-year sales grew 6.8%.

Employment

In August 2013 Moffat County’s unemployment rate decreased to 5.8% from 6.1% a month earlier. Routt’s rate dropped to 5.3% from 5.6% last month. The 12-month average unemployment rate in both counties continues to decline.

Real Estate

As of August 2013, Moffat average listing prices dropped to $185,000. In Routt, average listing prices were down 9% compared to August 2013. The number of Moffat county foreclosures decreased from 8 to 2 from the previous month. Routt county’s foreclosure rate decreased from 11 to 8 from August 2013 2013.

Climate

The average daily stream flow on the Yampa was running at 208 cfs as of Sept 24th which is 198% of the average level. The water level was at 94% of average at Stagecoach reservoir as of September 27th. The water level at the Yamcolo reservoir storage site was 17% of average as of September 27th.

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