Mt. Hood Recession
Ok, so we are seeing effects of the recession all over the Mt. Hood area. Local retail shops are doing the best they can to stay afloat. We all try to purchase locally if possible to keep our fellow business owners out of the red.
Most notable recession fighters are the restaurants offering half price appetizers, two for ones, and early evening happy hour meals. It's working too. The bursts of winter snow storms have really helped the weekend traffic to our area. The mountain businesses were particularly hit hard due to no Thanksgiving snow and the chain of weather events that demolished the traditional winter break vacation hoardes that give our local businesses a huge shot in the arm.
How does this recession compare to others in our history? Take a look at these super charts I found online from the Federal Reserve Bank of Minneapolis to see how this recession compares to others we've had in the past 80 years.