I live in a small town in West Virginia called Elkview. It is incorporated, but there is no town proper, the closest thing of that sort being Charleston. But we have our strip mall on I79 about 10 miles north of the capital. It is a pretty busy place with people about all the time.
Well, in the past week or two several of the businesses closed their doors. Pizza Hut is now history. PIZZA HUT! It's food - albeit horrid stuff - but most Americans seem to love to eat. How, pray tell, does a damned Pizza Hut go out of business in a state where the right thigh of the average woman is twice the diameter of my waist?
Next door, the Hallmark shop closed. About 6 months ago, the Radio Shack closed. About 2 months ago the brand new Ponderosa closed. That last place, with food as horrible as it was over-priced, had 40 minute wait times to get a seat. It opened only about 1 to 1.5 years ago and was always packed. Now it is gone.
The fact that food establishments are going out in a state whose people REALLY like to eat has me wondering whether these are the first PALPABLE signs of bad things yet to come. I'm not saying they are, but I am now paying a little better attention with an eye to finding the good answer.
Therefore, I would like to ask some help from the people here at RPF. If you can, please post any observations of similar closings in places where you live, work, travel, etc. It might prove helpful to cobble a picture of our more immediately sensible economic reality if we gathered data from diverse places, perhaps with some time-frame data attached. I would like to see whether we might be able to discern and establish any trends that might paint a truer picture of our economic circumstance than those broadcast us by the talking heads.
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