There are many victims of a souring economy, but few feel it as swiftly or perhaps as harshly as those that depend upon the charity of others. Economic indicators point to unemployment rates, inflation and deflation, as well as interest rates, but these indicators do not reflect the impact that is felt by the charities that many count on for their survival.
Three weeks ago, the National Association of Realtors reported that the median price for an existing home tumbled by more than 11 percent to $183,300 in October, the largest year-over-year drop on records going back to 1968, and the lowest median sales price since March 2004. I read that news wondering if our local real estate market had seen the same decline in home values.
Nancy Bryant, executive director of Ogeechee Area Hospice, was appointed to the Georgia Hospice and Palliative Care Organization's Board of Directors (GHPCO).
Spiral sliced hams have become a holiday "must" for many, and one local business owner is grateful for that tradition.
As sales of new automobiles plunge to historic lows nationwide, one industry seems to be reaping some benefit from the consumers' desire to hold on to their older model vehicles.
AgSouth Farm Credit CEO Bill Spigener recently announced that Loy D. Cowart Jr. of Twin City and Lee H. DeLoach of Statesboro were reelected to the board of directors as part of the association's 2008 annual meetings. Cowart's and DeLoach's terms will expire in 2011.
Three weeks ago, I reported October 2008 unemployment statistics for our area promising to report the latest numbers when they became available. Last week the Georgia Department of Labor (GDOL) released their November 2008 statistics, and guess what? Bulloch County's unemployment rate has gone down.
Georgia Southern University's WebMBA® is attracting working professionals who are looking for a competitive edge in the current economy. The program, taught through a consortium of five universities in the state of Georgia, has been named one of the Best Buys among online MBA programs by GetEducated.com, a consumer group that rates, ranks, and verifies the cost and credibility of online colleges and online universities.
Statesboro is home to a thriving music school founded by Chris Mitchell, a full-time music educator and accomplished performer. The former Southeast Bulloch High School music and chorus instructor recently moved his business, Pladd Dot Music, into a renovated 7,000 square foot building on North Main Street.
The holiday shopping season got off to a surprisingly solid start, according to data released Saturday by a research firm. But the sales boost during the post-Thanksgiving shopathon came at the expense of profits as the nation's retailers had to slash prices to attract the crowds in a season that is expected to be the weakest in decades.
Twenty six technical college executives from across the state of Georgia just graduated from the Technical College System of Georgia's Executive Leadership Academy.
Local merchants are getting ready for what they hope will be a robust Christmas shopping season even though many economists believe it will be the weakest in decades. From deep discounts to discount cards, local retailers are trying to offset the sales declines that are affecting every segment of the marketplace.
Two weeks ago I reported that the county had decided to proceed with the expansion of Splash in the Boro, and had issued a request for loan proposals to several banks to procure funding for the project.
Farmers and Merchants Bank president Ricky Nessmith announced the addition of Brad M. Williams to the bank's Board of Directors. Williams is a founding partner of Dabbs-Williams General Contractors which has been in business since 2000 and has grown to nearly $25 million in annual revenue and employs 35 people.
First Southern National Bank recently announced the promotion of Kelly Kahley to head of the Mortgage Division. She will lead the bank's business development efforts as well.