Economic analysts around the nation look to employment rates, new housing development and the credit markets to understand the status of the economy.
While those indicators also are telling in the Farmington area, leaders in San Juan County's governments and businesses look to a different figure to gauge to potential for local economic success: natural gas prices.
In this 15-minute Web radio broadcast, Oil and gas industry-expert John Byrom, president of independent gas producer DJ Simmons, Inc., talks with Daily Times staff about what the recent spikes in natural gas prices mean for the natural gas industry, and whether the worst of the recession has passed for the community's primary economic driver.
Look for the next edition of Newsmakers at daily-times.com on Friday, Nov. 6. when Jasper Welch, director of the San Juan College Quality Center for Business Enterprise Center, will detail Farmington area employment concerns, in addition to the risks and rewards of investing in new businesses while the economy is weak.
Click play below to listen to the podcast, or right click here and click 'save as' to save the podcast to your hard drive.
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