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Home > How is your town doing in this economy?

How is your town doing in this economy?

June 13th, 2010 at 04:47 pm

My little town is really hurting. I live in a small mountain town in North Georgia. Most of the jobs around here use to revolve around construction. Now there is no building going on, at all. The newspaper is filled with foreclosure notices every week.

We have a guy laying rock on a chimney for us this week. He said that he has only worked 11 days so far this year. The year is almost half over.

DH stopped to get some blueprints made at the survey office on Thursday. We have know the owner for over 20 years. He is from a very well know family; his brother is our doctor. He has lost his home and is now living in his office. He has had to lay off all of his workers.

It saddens me to see so many people losing their jobs and their homes.

I got a $3 pinecone check to add to my $20 challenge.
Prev. total $10,021.00
today 3.00
new total $10,024.00

Posted in $20 Challenge | 9 Comments »

9 Responses to “How is your town doing in this economy?”

  1. MonkeyMama Says:
    June 13th, 2010 at 04:54 pm 1276448059
    1276448059

    Sacramento is terrible - lots of real estate/construction was fueling the economy here.

    On the flip side, healthcare and government jobs are big and seem to be doing well. The governor refuses to let a single state employee be laid off, anyway. I am not sure how wise that is, but with all the terrible-ness of everything, there are still plenty of people employed, all the same.

    There is a lot of halted construction and empty commercial space, in addition to all the empty homes. Hundreds will still line up for any minimim wage job openings.

  2. Homebody Says:
    June 13th, 2010 at 10:37 pm 1276468650
    1276468650

    Where I live has always lagged behind. A lot of no growth conservationists. We lost our logging and fishing industries years ago, so it is pretty much the same as always where I live.

  3. whitestripe Says:
    June 13th, 2010 at 10:57 pm 1276469821
    1276469821

    i know it's different because i live in australia (apparently the 'miracle' economy...) but work has only just picked up over the last few months for DF. until about two months ago, DF only worked one or two days a week since November. I have seen lots of stores closing down recently, so it's hard to tell. I think initially construction suffered, but is now picking up again. now retail is starting to suffer - people held back on big projects at the start, and now that they are all breathing a sigh of relief and giving the go-ahead for their renovations etc, they are tightening their spending on the non-essentials like shoes and takeaways etc. interesting!

  4. Broken Arrow Says:
    June 14th, 2010 at 12:28 pm 1276518538
    1276518538

    Well Ima, my little town isn't little, but I suppose it isn't too bad. Consumerism in general appears to be weak to me, but it's also a shame that it's nothing like what it used to be like last year where retailers were literally fighting each other for my business or offering steep discounts. Oh well. Big Grin But my town is typically a growth area I think, so I guess this is our version of "bad".

  5. HelpMeFriend Says:
    June 14th, 2010 at 03:46 pm 1276530379
    1276530379

    Indianapolis is feeling the hit. There are several foreclosures in many areas and small businesses are closing everyday.
    Good news about construction: my DH is building stores for large companies that seem to be opening here to grab some of the business they have been missing out on. There are rumors that a Wal-mart will be built at the northern most point of the state and his boss is putting their bid in on completing it.
    I hope that more small businesses get breaks, as our families are involved in a few of their own and have definitely lost since the fall out of the housing market. Since they are not DIRECTLY involved in the acquiring of a new home, it is hard to blame the slowing on that, but if you don't have money for your bills, you can't buy a pizza every Friday.

  6. baselle Says:
    June 15th, 2010 at 04:18 am 1276575520
    1276575520

    You don't hear much about how Seattle is doing. I think its a stealth recession. Apparently about a third of commercial real estate loans are in trouble out here, but the businesses look like they are doing okay (no great shakes, but okay), then they've gone under the next time I've looked. Really deceptive out here. A lot of food bank use, and the Grocery Outlet is doing a very brisk business.

  7. whitestripe Says:
    June 15th, 2010 at 05:20 am 1276579216
    1276579216

    oh, forgot to say, three BIG electrical supplies companies (tvs, kitchenware, vaccuums, electronics etc) have gone underwater here - they seem to be suffering the most. even made the news each time! people just aren't buying new trendy items as much as they were, or are holding out or not replacing them as often.

  8. Jerry Says:
    June 18th, 2010 at 04:58 pm 1276880313
    1276880313

    The economy in Sofia, Bulgaria, has taken a hit. Several of my friends have been actively looking for work (ANY work) for over six months now and it leads to nothing. The currency here is tied to the Euro, as well, so there is no insurance that things will pick up any time soon, thanks to the mess in Greece, etc. The only upside for us is that the dollar is stronger at the moment!
    Jerry

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