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September 2010 
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November 11, 2009
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Region's cities among nation's best performing
Northern Colorado ranked high in the nation and at the top for Colorado in the 2009 Best-Performing Cities index.

The index, produced annually by the Milken Institute and Greenstreet Real Estate Partners, scores metropolitan areas based on factors such as job growth and creation, gross domestic product and wages. The heaviest weight in the index is assigned to jobs.

The Greeley metro area came in at No. 20 out of the 200 largest cities in the nation -- the highest ranking in Colorado. Greeley had the same ranking in the 2008 list. It received an index score of 108.82 for five-year job growth (from 2003 to 2008), the 14th highest in the nation, but ranked 48th for job growth from March 2008 through March 2009.

Fort Collins-Loveland came in at No. 22 on the overall index, up from 48 in last year's report. The metro area ranked high for its high-tech gross domestic product at No. 24. Its lowest ranked indicator was five-year wage/salary growth, ranking No. 127 among the 200 largest cities.

The top metro area in the 2009 report was Austin-Round Rock, Texas. Other Colorado cities in the top half of the rankings were Boulder at No. 44, up from No. 95 last year; and Denver-Aurora at No. 55, down from 44th.
Greeley chamber needs committee members
GREELEY - The Local Business and Government Affairs Committee of the Greeley Chamber of Commerce has openings for chamber members in the restaurant, retail and hospitality categories.

The committee, which represents all sectors of the business community, monitors and participates in meetings and activities of the Greeley city council, Weld County commissioners, District 6 school board and planning and other commissions.

For more information, contact Kim Barbour at kim@greeleychamber.com.
CSU partners with Veterans Green Jobs
FORT COLLINS - Colorado State University is the first four-year university to partner with Denver nonprofit Veterans Green Jobs in its education initiative.

CSU entered into a memorandum of understanding with the organization that will enhance opportunities for military veterans to attend the university as undergraduate and graduate students in academic disciplines that could lead to employment in the "green" jobs sector. At CSU, disciplines would include natural resources management, forestry and military lands management, green/sustainable construction, renewable energy technology and sustainable business development.

"Veterans of our armed forces hold a special place in our campus community because of their willingness to serve our nation and the sacrifices they've made to fulfill their commitments," said CSU President Tony Frank in a prepared statement. "As a university, it is important that we honor their service and recognize their sacrifices by providing both access to education and opportunities for career development. This MOU can help provide a veteran with a second career after their military service as well as contribute to Colorado's new energy economy."

Veterans Green Jobs also announced on Veterans Day its first green jobs training program on the East Coast in conjunction with Northern Virginia Community College and Virginia Tech.
Retail sales continue to slide
Northern Colorado retail sales were down again in August with a 10 percent year-over-year decline for Larimer County and a 20 percent drop for Weld.

Total retail sales for Larimer County in August were $549.7 million, down from $615.3 million in August 2008. One of the biggest declines was in manufacturing sales, falling 34 percent from $23.8 million to $15.7 million. The county did see year-over-year increases for the health and personal care; miscellaneous store retailers; information; finance/insurance; and health care/social assistance sectors.

Weld County retail sales were down from $436.8 million in August 2008 to $345.2 million this year. Mining sales dropped 63.5 percent from $18.5 million to $6.75 million. The manufacturing and wholesale trade sectors also posted large year-over-year declines, down 35 percent and 34 percent respectively. 
Economic Forecast luncheon set for Jan. 21
LOVELAND - Find out what 2010 has in store for our region's economy when John Green, regional economist, and Rhonda Corman, University of Northern Colorado economics professor, lead off the annual Northern Colorado Business Report Economic Forecast. They will be joined by a panel of business leaders from various industry sectors, including Kelly Peters from the Rocky Mountain Innovation Initiative and Rich Shannon of Pinnacle Consulting Group Inc., to ask and answer your most pressing questions.

The 2010 Economic Forecast luncheon takes place Thursday, Jan. 21, 2010, from11:30 a.m. to 1:30 p.m. at Embassy Suites - Loveland, 4705 Clydesdale Parkway (I-25 at East Crossroads Blvd.) Individual tickets, which include lunch, are $39. Register to attend at http://www.ncbr.com/ncbr_events.asp?nID=4.

For more information or to reserve a corporate table, contact NCBR Marketing Director De Dahlgren, ddahlgren@ncbr.com, 970-221-5400, ext. 202.
national news
Geithner wants strong dollar, will tackle deficit
TOKYO (Reuters) - Treasury Secretary Timothy Geithner said on Wednesday he believes strongly in the need to maintain a strong dollar and said the United States was determined to get its budget deficit down.

Pay caps make it tough to hire execs: GM chairman
SEGUIN, Texas (Reuters) - General Motors Co Chairman Ed Whitacre on Tuesday urged the Obama administration to give the automaker less restrictive pay caps and said it was too early to discuss the timing for the automaker to become a public company again.

Motorola eyes $4.5 billion home/networks unit sale: sources
NEW YORK (Reuters) - Motorola Inc is in the early stages of looking into a potential sale of its $4.5 billion television set-top box and network equipment business, two sources said on Wednesday.

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