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If you want to read a simple, straight-forward article that shows how the international credit crunch is hurting local business, read this article from the Raleigh, NC News & Observer. It discusses why apparently booming and successful Wakefield Commons shopping center might be sold at a fire sale and how that will affect local properties.

Tags: credit crunch, economy, local business, NC, News Observer, Raleigh

This entry was posted on Thursday, April 9th, 2009 at 12:44 pm and is filed under economy, finance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.