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Regional Economic Forecast Newsletter

To limit mortality among baby chicks in the free-range system, take steps to protect the mother hen and the chicks from predators, thieves and rain. Put them in a simple, separate shelter that is roomy and airy and can be closed securely. Draughts and low temperatures during the first few days are particularly dangerous for the baby chicks. Although a run is handy, it is also risky, due to possible worm infections. It is important to move the run regularly, especially in wet weather. Fold units are very suitable mobile housing units for young chicks (figure 8 and figure 9) | Strengthening our community through data and collaboration Regional Economic Forecast Newsletter Moffat and Routt Counties 3rd Quarter 2012 Volume 3 Issue 3 On the Road to Steady Economic Recovery Newsletter Advisory Board Terry Carwile City of Craig Greg Dixson First National Bank of the Rockies Scott L. Ford Economic Data Advisor Inside this issue Retail Sales 2-3 Retail Employment 4-5 Real Estate 6-7 Construction 8 ED Powerful Tool 9 Spotlight on Jobs Jobs jobs 10-11 Yampa Valley Data Partners 12 For the past 24 months both Moffat and Routt counties have been on the road to steady and sustained economic recovery. This does not mean that there are not some bumps in the road that will at times slow the pace but those bumps are most likely due to national and international news and the whims of mother nature. Most of the industry sectors have recovered to their pre-recession levels with the exception of construction. The construction industry seems to have found a floor at about 50 of its employment and aggregate personal income of its 2007 08 levels. In retrospect it is impressive that the valley-wide economy was resilient enough to withstand the impact of the significant loss of construction employment and earnings. Strengthening resiliency is one of the underlying objectives of most economic development efforts. Critical to these efforts understands where the Yampa Valley economy has been and where it is going. To assist in this effort Yampa Valley Data Partners is now accessing two databases that provide unique insights in the Moffat and Routt County s economy. The information in these two databases helps us understand our local economies much better. National Establishment Time-Series NETS database This database helps identify what have been the components of growth within the local economy by analyzing the sources of the creation and loss of jobs. Findings from research can be found on page 10 and 11. The Longitudinal Employment-Household Dynamics LEHD .