Throughout October, the Chronicle’s business team put together a series on surviving the economic recovery – how slow and difficult it has been, even in areas such as medicine, which is commonly thought to be insulated from economic woes.
Augusta State University chimed in with some of its perspective on how the Augusta economy has fared since the Great Recession ended in June 2009.
In its November commentary, ASU’s business college professor Simon Medcalfe noted that employment in Augusta is down 0.1 percent since the recession ended. Job growth has been happening in the larger industries, business services, education and health, while shrinking in areas that aren’t big players in the local economy, information and leisure.
Medcalfe said the local job market could use some private-sector growth because federal employment is slipping and there are tight budgets in government.
The index itself went down 0.4 percent from August to September. Despite the hiccup, it is up 3.1 percent from September 2010.
B&C TOPS IN GEORGIA: The Blanchard and Calhoun family of businesses has won the 2011 Georgia Family Businesses of the Year Award, which is presented each year by the Cox Family Enterprise Center and Georgia Trend Magazine.
B&C is being recognized in the medium business category, which is 50 to 250 employees.
The award is being given out Tuesday in Atlanta.
THE WILLCOX: Condé Nast readers will see an Aiken hotel among its top 50 best small hotels in the U.S. The Willcox was one of only three South Carolina hotels on the list and the only one outside of Charleston. The hotels are picked through a readers survey.
The Willcox was about to close Jan. 1, 2010, but was saved through the New Year’s Eve sale of the 113-year-old hotel to Geoff and Shannon Ellis.
GREEN TUESDAY: Not a commentary on how we’ll all feel after the busy shopping weekend, there is a move afoot to create a new holiday shopping tradition. I’m not sure why you’d want to create a new tradition if the Black Friday tradition is being eroded with doorbuster deals all month long in November and store openings on Thursday night.
Shoppers who want to be environmentally conscious during the holiday season are the focus of a push by the nonprofit Green America to make the Tuesday after Thanksgiving Green Tuesday.
Green America has links to several Web sites that sell “green,” which kind of makes it a hybrid of Cyber Monday.