- Cape businessman known for starting NARS dies at 49 (2/23/17)9
- Apparent punch at girls basketball game propels lawmaker into action (2/21/17)4
- Business notebook: Owners ready to roll out the Barrel 131 (2/20/17)7
- Japanese restaurant up and running; owner surprised by fondness of sushi here (2/24/17)1
- SoutheastHEALTH, Washington University School of Medicine announce collaboration (2/24/17)23
- Missouri bill would limit transgender school bathroom access (2/22/17)48
- City issues precautionary boil order near Arena Park (2/23/17)
- Former KFVS12 reporter talks about recovery from eating disorder (2/23/17)11
- $22M bond issue would alter Jackson schools (2/22/17)13
- Two men crack market with local cage-free eggs (2/26/17)12
There are signs that the economy is improving, and the Cape Girardeau area appears to be benefiting from the turnaround. A recent front-page centerpiece story in USA Today was headlined: "Signs of a turnaround: A bumpy recovery with hope in Midwest, South."
A newsletter from a respected trend-watcher said smaller cities are experiencing more economic improvement than many large metropolitan areas. A recent analysis from the federal government ranked the Cape Girardeau area as one of the bright spots nationally.
Home sales have seen a spurt in recent weeks as buyers took advantage of federal tax credits that expired at the end of April. And real estate prices are edging back up.
The Spring 2010 edition of Southeast Missouri Business Indicators published by Southeast Missouri State University also sees signs that "Southeast Missouri is starting to show signs of recovery." But the same publication pointed to high unemployment numbers, a national trend that most analysts expect won't see much improvement until next year or beyond. For those without jobs, positive economic trends don't help with mortgage payments. On the positive side, however, these trends should create demand that will lead to more hiring.
At last, good news seems to be overtaking the economic glum of recent months.