Economy Section :: Page 63
-
Vernay Foundation dissolved
The Vernay Foundation, which funded the building of the library, the Community Children’s Center, the Friends Care Community and many other projects in the village, officially dissolved on Dec. 31, 2008. Recalling its roots, the foundation donated the remainder of the fund to its first recipient, the Children’s Center.
-
Stutzman’s future uncertain
In a bad economy, few businesses hurt like landscapers, and Stutzman’s Nursery, Garden Center & Landscaping is no exception. After several years of struggle to pay bills on time and maintain proper insurance, at the beginning of March the Village issued Stutzman’s an order to vacate the Village-owned property on U.S. 68 north.
-
New rules to help regulate farmer’s market
In an effort to better organize and provide security for the Yellow Springs Farmer’s Market in Kings Yard, this year market organizers have for the first time created a set of guidelines for vendors. Among the new rules are that vendors must apply for and pay for a space, they must have liability insurance, and they are limited to selling items that were either grown or made in their home county.
-
Large YS employers holding steady
While the turbulent economic climate has affected all regions of the country, some municipalities are faring better than others. So far, Yellow Springs seems to be one of the relatively fortunate towns, as most of the largest employers in Yellow Springs report overall stability, even as they face the coming year with caution.
-
Creativity keeps contractors afloat
Illustrating how money circulates through small economies, area contractors can often be found downtown on early weekday mornings and around the lunch hour. When local property owners support local contractors, the contractors in turn support downtown merchants, whether it’s a few extra parts from the hardware store or lunch from the deli.
Amidst a national economic recession that has led to job loss, lower housing values and less-accessible consumer credit, all contractors surveyed in recent interviews were looking at creative ways to stay afloat. While many felt Yellow Springs is spared of the gravest economic fallout, each has encountered economic ripples in some aspect of their business.
-
Merchants wait out downturn
In a village that has seen five retail shops close in the last six months, it is no small feat to keep a business thriving, especially during a recession. A sampling of business owners interviewed last week agreed for the most part that trade has been slow this whole past year, and some have been hit by 10 to 25 percent losses over the past few months.
-
‘News’ wins state awards
At the recent annual Osman Hooper contest for weekly newspapers, the Yellow Springs News won first place in editorials, features and original columns, along with awards in advertising, special editions and in-depth reporting.
-
Film feast: Little Art, eateries unite
“We’re in a highly competitive industry that’s changing,” said Little Art Theatre owner Jenny Cowperthwaite in a recent interview. “Fewer people are seeing movies in theaters. It’s not just independent theaters like the Little Art that are experiencing declining attendance. It’s industry-wide.”
-
Barr project goes super green
The look of the senior apartment building that Friends Health Care Association proposes to build on the Barr property hasn’t changed much since Village Council approved the preliminary plans early last summer.
-
Epic’s final chapter, 35 years on
In recent weeks many villagers have stopped in to tell Epic Book Shop owner Gail Lichtenfels how sorry they are that her Dayton Street shop is closing. They appreciate the quiet, peaceful space she created with her meditative music, comfortable sofas and local art, people say.
What's New?
Featured Photos
Recent Comments