FastFacts – February 2015

Favorable December 2014 unemployment rates in Moffat (4.2%), Rio Blanco (3.2%) and Routt (3.0%) combined for a tri-county improvement of 1.2% from one year earlier. The December 2014 Colorado unemployment rate was 4.2%, with the U.S. rate at 5.6%.

Mining held its place as the largest industry in terms of total wages for both Moffat and Rio Blanco counties in the third quarter of 2014, accounting for about a fifth of all wages. Construction led the way as the largest wage-producing industry in Routt County.

Retail Sales
Latest available state retail sales figures showed Routt County (7%) and Rio Blanco County (5%) outpacing year-to-date figures from the previous year, with Moffat County running behind its previous-year figures by about 6%.

Real Estate
January 2015 median list prices for homes were up 10% in both Rio Blanco and Routt counties, and were down by 9% in Moffat County, compared to the same period last year. Favorable foreclosure ratios were running at lower than 1 of every 1,000 homes.

January 2015 coal production was up 47% in Moffat and 86% in Rio Blanco, and down 45% in Routt, compared to January 2014. Moffat oil and gas numbers slightly trailed January 2014 figures, while Rio Blanco oil and gas outperformed the previous January.

The end of February found snow-water at Rabbit Ears, Buffalo Pass, Ripple Creek and Burro Mountain running 10% to 20% below 10-year averages. Stagecoach and Yamcolo reservoirs were holding at 10% to 25% above usual water levels. The Yampa River and White River were flowing 9% to 20% above their 2007-2014 averages.


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