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Marketplace
Features

Marketplace contributor Adam Davidson drove across the country with friend Jamie Katz, and reported on how the U.S. economy feels from the perspective of the people who are living it -- a worm's eye view that's usually "invisible" to those flying coast to coast.
»Click on cities above to learn more about them.
December 2, 2002 Charleston, West Virginia: Finding New Direction
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Industrial for well more than a century, Charleston
is trying, desperately to find some way to replace coal mining and other
old industry jobs. We find this can lead to some pathetic and humorous
attempts, for example the West Virginia Modeling Agency. We meet the two
men who run the agency and two young models who aren't quite convinced
by the mens' excited dreams.
» Visit thte West Virginia Modeling Agency online: www.wvmodeling.net «
December 2, 2002 Mark Zandi on Charleston, West Virginia
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Economist Mark Zandi looks back at all cities visited by Adam Davidson and Jamie Katz.
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Pocahontas, AR Statistics:
Population: 53,421
Percentage of Workforce Employed in Trade: 23%
Percentage of Workforce Employed in Mining: 1.7%
Sales Tax: 6%
Per Capita Income: $22,003
Newsstand Price on the Charleston Gazette: $.50
Cost of a ride on the P.A. Denny Sternwheeler: $15.00
Number of Karats in the gold-leafed Capitol Dome: 23
Number of Stores in the Charleston Town Center Mall: 130
Number of Students at the University of Charleston: 1,200
Average Price of a Single Family home: $177,000
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November 26, 2002 Pocahontas, Arkansas: Factories / Manufacturing: Staying Competitive
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Locked, solidly, in the old economy, Pocahontas is
working class and proud of it. Although it keeps losing factory jobs to
Mexico, the Mayor continues to hunt down new factories to replace them.
It's a nice place to live and, at $9 an hour, the factory jobs are just
fine for residents here. We spend the day with the Mayor and the Chief
of Police driving around town.
November 26, 2002 Mark Zandi on Pocahontas, AR
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Marketplace host David Brancaccio and Economist Mark Zandi run the numbers on Pocahontas, Arkansas.
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Pocahontas, AR Statistics:
Population: 6518
Median age: 38
Number of kids in school system: 1,417
Median household income: $24,450
Median Monthly Rent: $370
Number of people in town who are employed in manufacturing: 685
Sales Tax: 4.625%
Length of the Runway at the Local Airport: 4,000 ft
Number of Firemen in Pocahontas: 8
Number of Patrol Police Officers: 8 (not the same 8, presumably)
Ticket Price for Dinner (including salad, dinner, dessert, beverage) and a show at the Imperial Dinner Theatre: $17.95
Number of Movie Theatres in town: 1
Number of Screens at the Movie Theatre: 2
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November 21, 2002 Columbus, Kansas: "There's No Place Like Home"
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In a dull Kansas farm town, economics is not the crucial factor in everyone’s lives. They don’t stay for opportunity, but because it's their home and they won't leave. For farmers, the national economy doesn't matter anyway because their livelihood is mostly dependant on weather. We meet a young woman hoping, one day, to see a big city, but knowing all the while she'll never leave; and, we spend time with a farmer who wouldn't think of being anywhere else.
November 21, 2002 Mark Zandi on Columbus, KS
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Mark Zandi of Economy.com sheds some light on how Columbus, Kansas, fits into the national trend.
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Columbus, KS Statistics:
Population: 3500
Median Age 35-44
Number of Elementary Schools: 3
Number of High Schools: 1
Sales Tax 6.9%
Number of Powered Parachutes that came to last year's annual convention: 236
Number of Hot Air Ballons that come to the annual rally: 20
Price of an average family dinner at the Hungry Hound: $31.00
Movie Theatres: 0
Corn Mazes: 1
Bowling Allies: 1
Roller Rinks: 1
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November 18, 2002 Logan, Utah: Local Businesses vs. National Chains
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Reporter Adam Davidson continues his cross-country economic roadtrip, making a pit stop in the town of Logan, Utah, to see how this once sleepy mountain town is faring in the economic downturn. Since the town has hit a population of 100,000, they're top of the list for the big retailers, who are moving in en masse. And now that Blockbuster and Home Depot are setting up shop, there's no going back.
November 18, 2002 Mark Zandi on Logan, UT:
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Rural communities find themselves at odds with urban sprawl, and the unique character of towns like Logan are being put to the test around the nation.
November 13, 2002 Logan, Utah: The Last of the Locals
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Sure, on their drive across the country, Adam Davidson and Jamie Katz have become a bit sick to death of all of those chain restaurants that have popped up in small towns nationwide. So, one night while searching for authentic local grub near Logan, Utah, they found themselves chowing down on the famous ribs at Eddie’s, one of the last local restaurants in an area over-run with corporate eateries. Can Eddie’s compete with the sheer size and marketing efforts of the chains?
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Logan, UT Statistics:
Population of Logan, UT: 42,670
Income Per Capita: 18,900
Average Monthly Wage: $1,671
Sales Tax Rate in Logan: 6%
Logan's Median Age: 23.5
Median Value of a home in Logan: $68,900
Logan's Top Three Employers: Utah State University, ICON Health and Fitness, Bourns Manufacturing
Number of Doctors employed at Logan Regional Hospital: 115
Number of Teachers in the Logan City School District: 306
Number of Children in Logan's Public Schools: 5,703
Total miles of Logan City Streets: 156
Price of a Bus Ticket in Logan: $0.00
Price of A Sleigh Ride at the Hardware Ranch Elk Refuge: $5.00
Number of Lemurs at the Willow Park Zoo: 2
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November 11, 2002 Riverside, CA: An Image of Boom Town
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Analysts often give us a bird's-eye view of the U.S. economy, but it's easy to forget that the country is actually a patchwork of small economies. Those who hit the road may be better suited to tell us about the real state of the economy. Adam and Jamie stop about 90 minutes east of Los Angeles, in Riverside. Once little more than a gas station wayside in the desert, it is now among the fastest-growing cities in the country. But on the other side of the tracks, it’s not such a rosy picture.
November 11, 2002 Mark Zandi on Riverside, CA:
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Pulling our focus back for just a minute to get a sense of how Riverside fits into the nation's overall economic picture, we talked with Mark Zandy, chief economist for Economy.com, which tracks financial trends.
November 6, 2002 Riverside, CA: The Dark Side
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In one of the nation's fastest growing economies, there is
great news for high-tech office workers: jobs and financial growth at a time
of nationwide near-recession. But for many of Riverside's
residents -- low-skilled minorities -- there is nothing except crime and a city
that ignores them. We meet some local folks in a bad neighborhood who
can't stand how they're being ignored by city planners, and we meet
city planners who very happily proclaim they are, indeed, ignoring the city's poor. |
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Riverside, CA Statistics:
Population (as of 2000): 259,783
Population growth 1990-2000: 33,192
Number of single family homes: 54,485
Number of existing homes sold in 1999: 4,817
Number of new homes sold 1999: 779
Existing home median price: $134,525
New home median price: $191,982
Median household income: $47,664
Median age of Riverside resident: 31
Year of incorporation: 1883
Square miles: 85.6
Total members of the Riverside Philharmonic: 72
Number of plays the Riverside Players put on every year: 6
The number of U.S. presidents who have stayed at the Mission Inn in Riverside while in office: 5
Number of colleges and universities in Riverside: 4
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