Yet another installment of our weekly news roundup, when we give you snippets of news that you might have missed this week. We comb through the two local weekly papers, as well as the regional blogs, websites and other information sources to bring you stories that might not have caught your eye but are interesting nonetheless.
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The heated blogging about Stephen Koch’s firing from Exum Mountain Guides has reached a national audience. Last week after The Associated Press picked up the story from the Jackson Hole News and Guide, Outside magazine’s online version posted a retelling of the story on their blog, and readers weighed in.
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“Swift, Silent.Deep. The story of the Jackson Hole Air Force” is not your typical ski film. It has the stunts and cliff jumps and powder shot that keep ski addicts buying tickets. But the documentary-type movie is about a ski culture that has thrived underground in Jackson Hole for several decades, helping to shape the current state of the Jackson Hole Mountain Resort and the face of extreme skiing as we know it.
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Jackson Hole businesses are adjusting to the recession in surprising ways. Instead of lowering prices, business owners say they are looking for creative ways to add value to the services and products they already provide. Instead of holding mass layoffs, they are examining ways of retaining the best employees and making them feel invested in the businesses success. And instead of burying their heads in the sand and giving up, some business leaders say they are pushing for more transparency in the workplace by keeping their employees up to date on the current climate’s affect on sales. Shop owners are sharing their books with their sales associates, so they have a better understanding of what’s really going on.
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With all the news in the past week about government efforts to boost the sagging economy and housing markets, many people are looking for someone to help sort out the details and tell them what it means to them and for Jackson Hole.
Well, I’m reading as much as I can on the subject and gathering a variety of opinions, but that person isn’t me. Like politics, all real estate is local, and I think focusing closely on regional trends and day-to-day information is the best way to prepare for whatever future comes our way.
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The buzz about how deeply the national recession is cutting into Jackson Hole’s economy has created rumors about a slew of downtown retail store closures.
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So, what’s the news this week? President Obama has signed the economic stimulus package, but no word yet on how much the Cowboy State or Teton County will benefit.
We discuss this issue and other news items such as the latest stats on Teton County’s influenza season and a sad farewell to a Yellowstone favorite in this week’s round up of local newspapers, websites and blogs.
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They say Jackson Hole is in an economic bubble and that we will not be hit as hard by the national recession. Wyoming does seem to be better protected than other areas, thanks to our natural resource-based economy. But that is changing as energy demand decreases along with oil and natural gas prices. Gov. Dave Freudenthal has urged business leaders to continue working toward diversifying the state economy.
Still, the state’s unemployment rate in the lowest in the nation at 3.4 percent, compared with a national average of 7.6 percent. The new economic stimulus plan debated in Congress this week is focused on job creation and tax relief, but local Wyoming pundits have indicated that the Cowboy State might not be seeing as much of the stimulus in job growth as other states harder hit by the economic downturn. Meanwhile, here in Jackson Hole, we seem to be getting mixed signals. Local retailers and tourism officials say sales and reservations are down. But recently released lodging statistics from the Jackson Hole Chamber of Commerce indicates that this holiday weekend, which brings President’s Day and Valentines Day together, advance reservations are up, if only slightly, after slumping for most of this year.
So, how are we handling the recession? Are most of us still employed? Are we going out to eat less? Skiing less? Cutting back our vacation time? We asked people around town how they were doing. Check out what some of them had to say in this short video.
And let us know how you are fairing in this poor economy. Post a comment to this story, or go on our Forum page and start your own thread of discussion. We’d like to hear from you.
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Here we go again, talking about what’s hot and what’s not in the news, from the weekly newspapers to the daily blogs.
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