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Economics : City Prosper

Slump Moves From Wall St. to Main St.

March 21, 2008

The New York Times reports, “In Seattle, sales at a long-established hardware store, Pacific Supply, are suddenly dipping. In Oklahoma City, couples planning their weddings are demonstrating uncustomary thrift, forgoing Dungeness crab and special linens. And in many cities, the registers at department stores like Nordstrom on the higher end and J. C. Penney in the middle are ringing less often.”

Source: Slump Moves From Wall St. to Main St.

Payroll Employment in Metropolitan Philadelphia

March 21, 2008

Young Philly Politics reports, “With the national economy showing signs of a recession now would be a good time to review the employment situation in the Philadelphia region.”

Source: Payroll Employment in Metropolitan Philadelphia

Looking for the Cure

March 18, 2008

Philly.com reports, “The Federal Reserve is primed to aggressively cut a key interest rate again this afternoon as it races to contain spreading financial fires that threaten an economic meltdown.”

Source: Looking for the Cure

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