The New York Times has profiled Columbia, South Carolina's worsening economic climate in a story published today titled "Reeling South Carolina City Is a Snapshot of Economic Woe." According to the Times, Moody's Economy.com has determined that "based on a range of indicators, from job growth to change in household worth — this metropolitan area came closer than any other to being a microcosm of the nation over the last decade."
The article, which describes the tightening credit market and rising unemployment, mentions Mayor Bob Cobles' hope to capture some of the $775 billion that the incoming President proposes to spend on infrastructure projects like bridges, roads and classrooms, to put people back to work.
The full article is here.
The article, which describes the tightening credit market and rising unemployment, mentions Mayor Bob Cobles' hope to capture some of the $775 billion that the incoming President proposes to spend on infrastructure projects like bridges, roads and classrooms, to put people back to work.
The full article is here.
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