{"id":882,"date":"2026-02-11T16:59:01","date_gmt":"2026-02-11T16:59:01","guid":{"rendered":"https:\/\/starvalleychamber.com\/?p=882"},"modified":"2026-02-11T16:59:01","modified_gmt":"2026-02-11T16:59:01","slug":"chamber-hosts-bank-of-star-valley-economic-presentation","status":"publish","type":"post","link":"https:\/\/starvalleychamber.com\/?p=882","title":{"rendered":"Chamber hosts Bank of Star Valley economic presentation"},"content":{"rendered":"<div id=\"attachment_883\" style=\"width: 610px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-883\" class=\"size-full wp-image-883\" src=\"https:\/\/starvalleychamber.com\/wp-content\/uploads\/2026\/02\/Marcus-BOSV.png\" alt=\"\" width=\"600\" height=\"299\" srcset=\"https:\/\/starvalleychamber.com\/wp-content\/uploads\/2026\/02\/Marcus-BOSV.png 600w, https:\/\/starvalleychamber.com\/wp-content\/uploads\/2026\/02\/Marcus-BOSV-300x150.png 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><p id=\"caption-attachment-883\" class=\"wp-caption-text\"><em>Bank of Star Valley President and CEO Marcus Weber presents the annual Economic Report during a Star Valley Chamber of Commerce Luncheon on February 5. SVI PHOTO\/DAN DOCKSTADER<\/em><\/p><\/div>\n<p><iframe loading=\"lazy\" style=\"border: none; min-width: min(100%, 430px); height: 150px;\" title=\"SVI Radio Interview: Marcus Weber, BOSV Economic Report\" src=\"https:\/\/www.podbean.com\/player-v2\/?i=8srr7-1a425b3-pb&amp;from=pb6admin&amp;share=1&amp;download=1&amp;rtl=0&amp;fonts=Arial&amp;skin=3267a3&amp;font-color=auto&amp;logo_link=episode_page&amp;btn-skin=60a0c8\" width=\"100%\" height=\"150\" scrolling=\"no\" data-name=\"pb-iframe-player\"><\/iframe><\/p>\n<p>Star Valley and Lincoln County continue to lead the state in growth as noted in a message to the Star Valley Chamber of Commerce during a February luncheon.<\/p>\n<p><a href=\"https:\/\/www.bosv.com\/Media\/BOSV\/pdf\/2025%20Economic%20%20Demographic%20Review%20Final.pdf\">FIND THE FULL REPORT AT BOSV.COM<\/a> &#8211;<\/p>\n<p>Marcus Weber, President and CEO of the Bank of Star Valley, noted the local developments in an interview with SVI Media.<\/p>\n<p>\u201cLincoln County and North Lincoln, in particular, is one of the strongest growing communities within all of the state of Wyoming,\u201d he said. \u201cSo we\u2019re very fortunate in that regard that we\u2019re not fighting some of the depopulation problems found elsewhere. But we\u2019re also having our own struggles and challenges.\u201d<\/p>\n<p>He noted the challenges with growth. \u201cAffordable housing is probably the biggest one,\u201d he said. \u00a0&#8220;So, real estate in Star Valley, if you\u2019re a landowner, you\u2019ve seen your house double in value since COVID.\u201d<\/p>\n<p>He continued, \u201cThe median sales price prior to COVID was about $300,000 in Star Valley and now we\u2019re close to $600,000. If you\u2019re an asset owner, that\u2019s a great thing, right? But if you\u2019re looking to buy a house or migrate here, it\u2019s a tough market to get into. That is a challenge.\u201d<\/p>\n<p>Weber also noted the challenges with labor. \u201cAnd, we\u2019re also seeing a tough labor or a tight labor market,\u201d he said<br \/>\n\u201cSo, our unemployment rate in Lincoln County is below [average], it\u2019s a 2.5%; that\u2019s a very&#8230;low rate, but it also brings its own challenges. There have been more listings for job opportunities, job openings, than there have been people available to fill them. So business owners have felt that challenge.<\/p>\n<p>\u201cIn addition, if you\u2019re gonna hire someone, it\u2019s hard to find housing here. So that\u2019s been really tough on businesses here in Star Valley. Yeah, and essentially the local government.\u201d<\/p>\n<p>He continued \u201cSo that\u2019s been both a headwind for those trying to move here, but also kind of a tailwind to help keep the people who are here feeling good about the economy.\u201d<\/p>\n<p>Weber noted the effect of the Stock Market.<\/p>\n<p>\u201cIf you look at the stocks today, we\u2019re close to 50,000 on the Dow Jones industrial average. Again, you\u2019ve seen people\u2019s portfolios double since COVID, and those who have those assets, it feels really good. Those who don\u2019t, it\u2019s tough.\u201d<\/p>\n<p>With those developments, Weber further explained the challenges of a dual economy.\u00a0 \u201cWe\u2019re seeing almost two economies develop. Those who have the assets and are feeling really good about things, but also those who are struggling because they see prices at the grocery store continue to increase. They look at their rent payment that\u2019s now more than the mortgage payment.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Star Valley and Lincoln County continue to lead the state in growth as noted in a message to the Star Valley Chamber of Commerce during a February luncheon. FIND THE FULL REPORT AT BOSV.COM &#8211; Marcus Weber, President and CEO of the Bank of Star Valley, noted the local developments in an interview with SVI [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":883,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6,4],"tags":[],"class_list":["post-882","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-chamber-news","category-featured-business"],"_links":{"self":[{"href":"https:\/\/starvalleychamber.com\/index.php?rest_route=\/wp\/v2\/posts\/882","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/starvalleychamber.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starvalleychamber.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starvalleychamber.com\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/starvalleychamber.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=882"}],"version-history":[{"count":1,"href":"https:\/\/starvalleychamber.com\/index.php?rest_route=\/wp\/v2\/posts\/882\/revisions"}],"predecessor-version":[{"id":884,"href":"https:\/\/starvalleychamber.com\/index.php?rest_route=\/wp\/v2\/posts\/882\/revisions\/884"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/starvalleychamber.com\/index.php?rest_route=\/wp\/v2\/media\/883"}],"wp:attachment":[{"href":"https:\/\/starvalleychamber.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starvalleychamber.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starvalleychamber.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}