Showing posts with label furniture. Show all posts
Showing posts with label furniture. Show all posts

Tuesday, November 10, 2009

WashPost notes Hickory's plight

Last month it was "bust in banktown" - Binya Appelbaum's Washington Post situationer about Charlotte.

Today, economic trauma in Hickory makes above-the-fold of the Post front page.
Here's a link to the story. For those of us in the Carolinas, it's an old story: Textiles and furniture jobs have been bleeding overseas for years. (But we were comforting ourselves with all those stable, high-paying bank jobs.)

Interesting that in the larger U.S. media centers the plight of the Carolinas is only now sinking in. Charlotte and North Carolina have done a good job of positioning themselves in recent decades as "recession-proof" – now that it's clear we're NOT recession-proof, perceptions have lagged reality. As they usually do.