Mar 3rd, 2010 · Resale and thrift merchants around the country are growing by sticking to a simple business model: high volume, low cost of goods and cheap rent. The economic downturn created an opportunity these for-profit businesses to move into larger spaces once occupied by giant big-box stores.
Feb 9th, 2010 · The lagging U.S. economy continues to take its toll on Mexican migrant workers, who are sending less money home — 16 percent less in 2009. The decrease in remittances is affecting the economies of many Mexican states, especially rural areas. In Hidalgo, abandoned houses and half-finished projects reflect the downturn.
Feb 3rd, 2010 · The defaulting on loans last week by the owners of the two largest apartment complexes in New York served as a vivid reminder of the weakness of the commercial real estate market. The downturn in commercial real estate could ripple throughout the economy.
Jan 12th, 2010 · According to the latest crime statistics, Los Angeles is the safest it's been in 50 years. Like other big cities, the Los Angeles murder and violent offenses rate has dropped dramatically, despite the economic downturn. Part of the credit goes to gang interventionists and troublemakers who've changed their ways.
Jan 12th, 2010 · The annual Detroit Auto show kicked off Monday. The venue, known for its extravagance and its ability to bring millions of dollars into Detroit, is especially important to the Motor City this year as it has some of the highest foreclosure and unemployment rates in the country. Host Michel Martin talks with Jerome Vaughn, of NPR member station WDET-FM in Detroit, about the economic impact of the show and some of the hot models being showcased this year.
Jan 7th, 2010 · Mariachi Plaza in Los Angeles is a historic gathering point for Mexican musicians who hang out at all hours trying to land gigs. The downturn in the construction industry has hurt business because many of their patrons in the plaza worked in construction. One young musician has started using a Web site to reach out to new customers who might not come to the plaza.
Dec 22nd, 2009 · Home resales surged to the highest level in nearly three years, reflecting an extraordinary level of federal support that has pulled the housing market back from the worst downturn since the Great Depression. Sales rose to a seasonally adjusted annual rate of 6.54 million last month.
Dec 21st, 2009 · Unemployment is high, the economy is down. Yet for all the signs of recession, something is missing: More crime. Experts are scratching their heads over why crime has ebbed during this recession, making it different from other economic downturns of the past half-century.