Your Logan County Chamber Of Commerce

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1510 West Main St. …………………………………..… 970-522-0600

Logan County Chamber of Commerce Honors

Edward Jones

Pam Werner, Financial Advisor

As Business Of The Week

1319 W. Main St............................. 970-526-1013

Edward Jones - Pam Werner is this week’s Logan County Chamber of Commerce Member of the Week. Accepting the honor were Danny Sonnenberg - Associate Financial Advisor, Pam Werner - Financial Advisor, Kelli Ferkovich - Branch Office Administrator and Taylor Balzano - Senior Branch Office Administrator

…Pam Werner has been a Financial Advisor with Edward Jones since January 2000. Her office opened in April 2000 and has remained in the same location for 23 years.

…Pam's team has a passion for working with individuals and families to help them achieve their financial

goals. The clients become like family. Their goal for every client is to help make it possible for them to do

what they want, when they want, with whom they want, for as long as they want.

…During Pam’s career she has obtained her AAMS™ and most recently become a CERTIFIED FINANCIAL

PLANNER™ professional in 2023. In 2003, Pam was invited to become a limited partner with Edward Jones.

…She has been invited to her firms Managing Partner's conference the past 7 years and the Barron's Top

Women Advisors Summit the last 9 years.

…Most recently Pam has been named to the 2023 Forbes Best-in-State Wealth Advisors and Best-in-State Women's Wealth Advisors. In 2015, she was honored with theEdward Jones Spirit of Caring Award, which recognizes financial advisors who exemplify the values, spirit and the culture of giving back.

…Her two branch office administrators, Kelli Ferkovich and Taylor Balzano, along with

Associate Financial Advisor, Danny Sonnenberg, are instrumental members of her team and, like herself, are

committed to providing her clients with the highest level of service. Passion, empathy, service, and trust are

the core values of her team. By building long-term, trusting relationships with her clients and their families,

they work together to help them reach, maintain, and exceed their financial goals.

…Pam's branch team partners with families to gather and organize wealth, helping them to build, enjoy, protect, and transfer It to the ones they love and cherish the most. They assist clients with retirement saving

strategies, estate and legacy planning, life and long-term care insurance, annuities, charitable giving, and

intergenerational planning.

…Edward Jones - Pam Werner Financial Advisor’s office is located at 1319 W. Main Street, Sterling, CO80751. For more information contact them at 970-526-1013 or go online at their website:

https://www.edwardjones.com/us-en/financial-advisor/pam-werner

Join Us In Congratulating

Edward Jones

Pam Werner, Financial Advisor

Our Member Of The Week

#tyingthecommunitytogether



Edward Jones - Pam Werner  .......... Your Chamber of Commerce

Your Chamber of Commerce  

Your Chamber of Commerce  

American Family Insurance District 309 and Agent Beau Bordanier recently hosted a Holiday Business After Hours. The Downtown Sterling office is at 129 N 3rd St., Suite 5. Bordanier can be reached by stopping in, calling (970) 458-3048 or online at http://www.amfam.com

Your Chamber of Commerce  

The Logan County Chamber of Commerce held a ribbon cutting welcoming Farm Bureau Insurance - Melinda Hutt and Chase Debus into the member organization. The agency 431 W. Main St., offers general insurance including auto, home, life, farm and ranch. For information, Hutt and Debus can be reached at 970-526-0202 or online visit https://cfbinsurance.com/agent/co/logan/sterling/melinda-hutt/.

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Thank You For Becoming A Chamber Member

Thank You For Renewing Your Membership

Christ United Methodist Church

Curlee Heating and Air Conditioning

Dale's Jewelry 

Lauer, Szabo and Associates

Reck Agri

Sterling Monument

Family Resource Center

Peetz COOP

Sterling Creatives

River Station

Old Library Mercantile

American Family Insurance

Precision Homes

Faith United Methodist Church

Scooters Coffee

Gordon Insurance 

Your Chamber of Commerce  

Your Chamber of Commerce  

What To Expect From The Economy In 2024

A smaller workforce will define the economy in 2024. In fact, it will be the key economic challenge we face for the foreseeable future. A shortage of workers will be hard on businesses, but for some consumers it also means they will always be able to find a job that can support their spending. That will put a floor under any economic weakness in 2024.Our workforce is too small because of simple demographics. The Baby Boomer generation was more than three times larger than the generation that came before it, the Silent Generation. As the Boomers entered the workforce in the early 1960s, labor force participation rose sharply. However, the following generation, Generation X, was smaller than the Boomers. The Millennial Generation is only slightly larger than the Boomers, and Generation Z is slightly smaller than the us Millennials.This has created a demographic shortfall for the workforce. For economic growth, it is ideal for succeeding generations to be larger than the ones before them. Visualized, it should look like a triangle, with younger generations being larger than the ones that came before. Instead, we have an inverted triangle.

2024 Economic Predictions

Understanding Colorado’s Labor Shortage 

The nationwide worker shortage is impacting Colorado. Take a deep dive into the state of Colorado’s workforce, business environment, and quality of lifeThe state of Colorado has a favorable landscape for businesses and individuals, with a diverse economy, significant labor market recovery, and a robust small business ecosystem. Educational attainment, quality of life, and cost of living factors remain promising. Before the pandemic, Colorado's labor market was healthy. The state boasted a robust labor force participation rate of 68.8%, which was five points higher than the national average. Furthermore, its unemployment rate remained below the national average, at 3.2%. During that period, there were 79 available workers for every 100 open job positions. 

Labor Market

U.S. Chamber of Commerce  ............Your Chamber of Commerce

Colorado Employers Face New Laws 

Colorado employers looking ahead to 2024 need to prepare for several legal and regulatory changes coming from the state government, including the full implementation of paid family leave and revisions to two rates that fund the Unemployment Insurance Trust Fund. The changes come from a combination of new laws, a 2020 ballot initiative whose benefits are going into effect and the state’s years-long effort at stabilizing its once-bankrupt program that pays benefits to residents who have lost jobs through no fault of their own. Some of the shift for employers will involve little more than the updating of handbooks, while others will require a new way of dealing with workers who seek to take time off.What is “by far the most major obligation” among the new laws, according to Littler Mendel-son employment-law expert David Gartenberg, is the requirement to allow partially paid leave for workers through the Family and Medical Leave Insurance program. Although employers and employees have been paying into the FAMLI fund since Jan. 1 — a total equal to 0.9% of workers’ paychecks, split evenly between employers and employees — staffers finally will be able to take advantage of the benefits beginning at the start of 2024.

New Laws 

Property Tax Commission Hears Forecast 

While Colorado property valuations spiked enough last year to necessitate a ballot initiative, a special session and a commission to study them, that commission learned during its first meeting Wednesday that assessments may flatten or even decrease by next year. That revelation, offered by an economist for the nonpartisan Colorado Legislative Council, illustrates the complexity of the work facing the Commission on Property Tax. The 19-member body, the product of a November special session that offered short-term residential property tax relief but failed to produce a long-term plan, has until March 15 to recommend to the Legislature a comprehensive solution on spiking property-tax bills. Commissioners — who include representatives of state and local governments, experts in the field of taxation and two business-group leaders — spent their first meeting getting an immersive education about the state’s property-tax system. While property taxes are collected and used by local governments, the state has an interest in the revenue stream that helps to fund local education, and legislators have OK’d three bills in the past three years offering relief to homeowners and sometimes commercial-property owners. The flurry of activity this year around property taxes sprang from the fact that average property values spike 24.8% statewide due to the booming post-pandemic real-estate market — 43.4% for residential valuations and 24% for non-residential valuations. Because of the trio of bills that have temporarily lowered property valuations and assessment rates, the average increases in tax bills will be lower, but homeowners still face 27.9% boosts in their bills and commercial property owners will owe 22% more.

Property Values 

Colo.Chamber Of Commerce .........Your Chamber of Commerce

Christmas At The Museum ………………… December Overland Trail Museum January Newsletter

Sterling Creatives

First Presbyterian Church

Colorado EPIC  

Logan County Trivial Pursuit Game

The Logan County Historical Society will be holding their next meeting on Jan. 8 at the Christ United Methodist Church at 7 p.m. The program will be presented by Kay Rich from the Overland Trail Museum. The topic will be a Trivial Pursuit Game about the History of Logan County. Any one who is interested in the history of Logan County or may want to learn some facts about the Logan County History are invited to attend. Bring your memory and join us. 

Trivial Pursuit

Takara

Family Resource Center

A Caring Pregnancy Resource Center

Windsong Chorus Concert

Hoops Homecoming

Did you know joining a chamber of commerce can help your com-pany gain access to valuable resources and exposure in the community? A business's visibility and trustworthiness in the community can improve greatly by joining the chamber of commerce. The mission of the Logan County Chamber of Commerce is to strengthen business ties and foster economic development in the county.

 For additional information on how joining the Logan County Chamber

can help your business, please call (970) 522- 5070.

Your Chamber of Commerce  

December Calendar of Events

Check for updates and changes at logancountychamber.com

... Sun...... .. Mon. .... .. Tues. ..... . Wed....... Thurs...... . Fri. .... .. Sat.

Your Chamber of Commerce