Headlines November 12, 2020

Headlines November 12, 2020

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Boulder County Reports Second Largest Daily Growth in COVID-19 Cases 

Boulder County reported 290 new coronavirus cases Wednesday. That’s the second-largest one-day case number ever recorded in the county, slightly less than the 292 cases reported on Nov. 5th. As of this morning, Boulder County remains on what’s called the Orange Level Safer-at-Home but county officials plan to announce new restrictions later today.

BVSD Moves to Remote Learning, SVVSD Decision Coming Soon 

More school districts are moving to all remote learning due to the increase in virus cases, including the Boulder Valley Schools. The St. Vrain District has delayed that decision until next week. St. Vrain Superintendent Don Haddad says the district will make the decision at a special meeting on Nov. 18th. Haddad told the St. Vrain school board Wednesday that the district is not seeing high case numbers within the schools but the increasing caseload in the community means that going to all remote learning after Thanksgiving is a “very very real possibility.”

Colorado’s Economy Continues to Struggle from the Pandemic

Colorado business is showing more signs of a recovery from the COVID-19 economic slump.

Leeds Business Research Division at CU Boulder reports that nearly 39,000 new businesses filed initial documents with the secretary of state’s office in the third quarter of this year. This is up 24% from last year. While 150,000 businesses filed for renewals. That is up nearly 6%.

Filings for businesses that are closing also rose significantly.

Leeds also said that quarterly indicators are often early signs of jobs and business growth but the Colorado economy is not back to its prerecession status as the pandemic continues.

Panelists were leaning more on the pessimistic side but are feeling better about the economy than they did at the beginning of 2020.

Other figures show that Colorado’s unemployment picture continues to improve, with a rate of 6.4% in September, compared to 12.2% in April.

There are about 80% fewer oil and gas drilling rigs in Colorado than there were in October of last year.

And home price growth is slowing but still remains higher than wages and inflation.

Large Salvation Army Campus Coming to West Denver 

The Salvation Army is planning a large campus on Denver’s West Side. The social service nonprofit plans to build housing for families transitioning out of homelessness. The property is on Alameda between Stuart and Vrain streets. The new development will also include the Western United State headquarters for the Salvation Army. The Denver City Council voted this week to rezone the property so that the group’s development plan could move forward. Councilwoman Amanda Sandoval supported the project but expressed concern that the Salvation Army might sell the property later.