NoCo Newsletter | August 5, 2020

REAL ESTATE & BUSINESS NEWS

• Consumer Spending Rose 5.6% in June
  
• Consumers, Flush With Stimulus Money, Shun Credit-Card Debt
  
• Lord & Taylor, Once-Grand Department Store, Files for Bankruptcy
  
• Men’s Wearhouse Parent Files for Bankruptcy
  
• Marathon Petroleum to Sell Gas-Station Chain to 7-Eleven Owners for $21 Billion
  
• After latest blow to Foothills dining, mall to welcome 2 restaurants, coffee bar
  
• Coronavirus Makes Bank Branches More Expendable
  
• Amount of Office Sublease Space Rises Rapidly in Some Markets in Response to Sputtering Economy
  
• Apartment Execs Flag Weakening Market
  
• D.R. Horton plans homes at 324-acre master-planned community north of Denver
  
• Companies Start to Think Remote Work Isn’t So Great After All
  

ECONOMIC & EMPLOYMENT NEWS

• Rise in Weekly Unemployment Claims Points to Faltering Jobs Recovery
  
• Fed Maintains Stimulus Commitment as Economic Outlook Dims
  

GOVERNMENT & INFRASTRUCTURE

• Judge upholds new state air-quality rules for oil, gas sites against challenge by Weld County
  
• Loveland's Fire Station No. 10 planned for site near I-25 in Johnstown
  

COMMUNITY & OTHER INDUSTRY NEWS

• NoCoRecovers.com: Your One Stop Shop for Recovery Information in Northern Colorado
  
• Greeley Business Resources
  
• Johnstown Small Business Micro Grant Program Is Open
• Northern Colorado COVID-19 Response Fund: Support Local Non-profits.
  
• Want to help your neighbors? Consider a donation for emergency rent assistance