- Fatal-shooting victim ID'd; uncle said he tried to break up fight (9/29/16)27
- Driver charged with manslaughter in crash that killed 2 (9/27/16)
- Perryville man arrested for alleged patronizing prostitution, harassment (9/23/16)6
- Perryville High principal on leave; no reason given (9/28/16)9
- Video and evidence largely confirm trooper's claims in April traffic stop shooting (9/23/16)9
- Cape man may lose eye after shovel beating, police say (9/25/16)2
- Animal-rescue group receives grant from rock star for spay, neuter assistance (9/28/16)1
- Monia pleads guilty to 9 counts of financial exploitation of elderly; dealings with murderer Joseph clarified (9/28/16)11
- Woman accused of pushing Wal-Mart employee after theft (9/27/16)
- Planning, design puts renovations of H-H building into hotel on hold (9/26/16)6
We are accustomed, after months of recession, to hearing every bit of positive economic news hedged by cautionary statements that allow for even more bad news. Unemployment claims dipped -- but it will take years to replace lost jobs. Housing prices show signs of recovery -- but thousands of homeowners still face foreclosure. Stock markets have risen more than 60 percent since last year's bottom -- but this bubble may burst.
Against this backdrop, there is some bright news in Cape Girardeau: In 2009, 168 businesses opened and 47 closed, reversing the trend of the previous two years when more businesses closed than opened.
The owners of these new businesses face a maze of factors that will have an impact on their success rate: higher minimum wages, ever-increasing government regulations, finding financial backing to sustain them until they are established enough to make a profit.
There is something to be said for these risk-takers who are finding innovative ways to create and fill new markets. As one owner of a startup business commented: "It's definitely not business as usual."
Keeping these businesses afloat will require a solid customer base. Supporting new businesses is one way of strengthening the community's economic base. Good luck to all these enterprising efforts.