Business

Get Off-The-Beaten-Path In Durango’s Animas River Valley

The Animas River Valley in Durango, Colo. Courtesy photo

DURANGO News:

DURANGO, Colo. — Visit Durango announces news from the Animas River Valley, as several local businesses share new offerings.

From reimagined farm-to-table dining and long-awaited spirits, to an extensive renovation of the historic Trimble Hot Springs and tiny-home vacation getaways, the Animas River Valley now offers more reasons to explore Durango off-the-beaten path.

Follow the picturesque San Juan Skyway Scenic Byway (Hwy 550) north toward Purgatory Ski Resort, 27-miles from downtown Durango. Along the way,


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New Mexico Unemployment Rate Was 9.2% In May 2020

NMDWS News:

New Mexico’s seasonally adjusted unemployment rate was 9.2 percent in May 2020, down from 11.9 percent in April and up from 4.9 percent the previous year.

The national unemployment rate in May was 13.3 percent, down from 14.7 percent in April and up from 3.6 percent in May 2019.

Total nonagricultural payroll employment fell by 88,100 jobs, or 10.3 percent, between May 2019 and May 2020. The over-the-year decline in May was not as heavy as April’s decrease, which was the largest in the history of the series.

Losses came from both the public and the private sector:

  • The private sector was

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Purgatory Activities, Mountain Bike Trails Open Saturday

Enjoy a scenic chairlift ride on Lift 1 at Purgatory Resort. Ride round-trip, or hop off at the top and enjoy the breathtaking views of the San Juan Mountains. Courtesy/Purgatory Resort

PURGATORY News:

DURANGO, Colo. — Purgatory Resort opens Saturday, June 20 for the summer season.

The resort will be open for daily activities through Aug. 16. Weekend operations will run Aug. 22 to Oct. 4, with the resort open on Labor Day as well.

New this season, Purgatory will offer two activity sessions daily: a morning session 9 a.m. to 4:30 p.m. and an afternoon session 12:30-4:30 p.m.

Summer activities will


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Governor Remarks On Progress Of Special Session

Gov. Michelle Lujan Grisham

STATE News:

SANTA FE – Gov. Michelle Lujan Grisham issued the following statement this afternoon on the progress made so far at the special session:

“I am encouraged by the progress of the Legislature amid this most unusual special session. Lawmakers are making headway on the essential business of election accessibility, tax relief, assistance for small businesses and local governments that have been ravaged by the COVID-19 pandemic, civil rights and public safety reform – and of course ensuring the state’s finances are on steady footing through January and


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Democratic-led Tax Relief Passes House Floor

Rep. Christine Chandler (D-Los Alamos)

STATE News:

SANTA FE – Today, House Bill 6, which makes three important changes and updates to New Mexico tax rules, passed the House Floor.

HB 6 Sponsors:

…Rep. Christine Chandler (D-Los Alamos);

…Rep. Abbas Akhil (D-Albuquerque);

…Rep. Javier Martinez (D-Albuquerque); and

…Sen. Peter Wirth (D-Santa Fe).

House Bill 6 will give direct tax relief and support to individuals and businesses economically affected by the COVID-19 pandemic.  

“I am proud to sponsor this bill that supports economic development and is both family


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New Mexico House Democrats Introduce Budget Recovery Framework, Small Business Relief, Public Safety Reforms…

NMLEGIS News:

SANTA FE — At noon, Thursday, the Special Session of the 54th Legislature of the New Mexico House of Representatives gaveled in to address the pressing and urgent needs of the people of New Mexico in the middle of the global COVID-19 pandemic.

The New Mexico Speaker of the House, Brian Egolf (D-Santa Fe), opened the session by addressing all members present, speaking to the unprecedented circumstances New Mexicans are facing and how the Legislature can work to best support the people of the state. 

“This truly is a historical and unprecedented moment in the history of this legislative


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McQuiston: Replacement Cost Value Versus Market Value … What’s The Difference?

By ALLEN McQUISITON
The Jemez Agency

Many homeowners often wonder why the limit on their homeowner’s insurance policy is more than the market value of their home.

In some cases, there can be a drastic difference between what you recently paid for your home versus how much insurance coverage you have. It’s just a way for the insurance company to get more premium, right?

Not quite. Keep in mind that market value and replacement cost value are two completely different things. For instance, a two-story home with 2,000 square feet of living area can have a range of market values contingent on a variety


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Senate Bill 3 To Provide Financial Help For Small Business Owners Moves To Floor For Debate

Sen. Sander Rue

LEGISLATIVE News:
SFNM

A bill designed to provide financial help for small business owners struggling to survive during the COVID-19 pandemic cleared its first hurdle when the Senate Finance Committee voted 8-4 to move it to the Senate floor for debate.

Senate Bill 3 would invest up to $400 million in Severance Tax Permanent Fund money into a new fund that business owners could draw on for a three-year loan to help them weather financial storms brought on by the COVID-19 threat.

“Our backbone of economic development in this state are these small businesses, our moms and pops … this


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Los Alamos Small Businesses Need Community Support

Owner Catherine Richmond, right, and employee Sydney Turner are smiling behind their masks. They’re happy to be open again at Seeking Chameleon, 35 Rover Blvd. in White Rock. Photo by Bonnie J. Gordon/ladailypost.com

By BONNIE J. GORDON
Los Alamos Daily Post
bjgordon@ladailypost.com

It’s been a tough road for local small businesses. Some, like Bliss and the Reel Deal didn’t make it. Others are struggling.

“So many businesses are barely getting by,” said Los Alamos Chamber of Commerce Director Ryn Herrmann. “If we should see another closure, some may not be able to reopen. I’m urging everyone


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