More Valley businesses closing

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Call it the trickle-nowhere effect. Julia M. Scott in the Daily News.

Plunging home values and soaring consumer prices that are squeezing the cash flow of consumers have put a stranglehold on many local businesses.

The evidence can been seen in the profusion of for-lease signs on Ventura Boulevard storefronts and, in many of the surviving shops, a distinct imbalance between customers and merchandise.

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The Los Angeles Daily News' City Hall reporters Rick Orlov and Kerry Cavanaugh write about politics on the local, state and national stage.

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This page contains a single entry by Rick Orlov published on July 18, 2008 5:35 AM.

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