Sunday, April 7, 2013

Study shows Fayette County on economic upswing

From HeraldStandard.com: 
A recent Brookings Institution study shows that Fayette County and neighboring Pennsylvania counties that are a part of the Pittsburgh Regional Alliance (PRA) have rebounded from the recession.
Well, this is certainly good news. And I'm sure the Nam saw some ill effects of the recession, but I'm curious as to what they were since there was little to no noticeable change. Restaurants and stores were still busy, especially at the beginning of the month. In the past several years, we've sprung up a few Walmarts and Uniontown has welcomed Sonic, IHOP, Applebee's, Olive Garden, TJ Maxx, the double reopening of 30 East Main, and more.

Things seemed so business-as-usual that I often joked we were recession-proof. We're even getting more fancy new stuff.

Within the past several months, the authority has announced the sale and/or lease of property within the Fayette Business Park for a new medical office and hotel and Fay-Penn Economic Development Council is nearing the groundbreaking on a new business park.
The Allegheny Conference on Community Development along with PRA presented the Brookings Institution report last week that indicates the region is one of three U.S. metropolitan areas to be deemed “fully recovered from the recession."
Well, guys, keep on keepin' on.

The catch, though? Maybe the recession didn't seem to hit as hard here because things aren't going so well here anyway. Let's not forget Connellsville is still literally falling apart. But never fear! Things can only get better. Our saving grace?

Cranmer, meanwhile, said that the completion of the Mon/Fayette Expressway will boost the county’s economic future as will the Lady Luck Nemacolin casino in Wharton Township. 
I'm not so sure about the Mon/Fayette Expressway, but if my habits the few times I've visited Rivers Casino are any indication, I'm gonna make us tons of money.

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