The New York Times is noting that Utah's economy is also beginning to feel the nation's economic woes. In this article, the Times reports that Utah's home price drops were the sixth worst in the nation for the fourth quarter of last year.
And the article notes that although we're feeling the recession, we are likely not to see it to the same extent as many other communities, for a number of reasons, including the LDS Church's City Creek project.
Monday, February 25, 2008
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