The slowing U.S. economy is altering workers’ and consumers’ behaviour and doing so in ways that carry certain advantages.
Observers report that other changes include greater availability of hotel rooms, along with a slight drop in rates in some cities. Fine restaurants are no longer booked solid and diners do not have to endure the long waits for tables they experienced in the recent past.
Even previously backlogged contractors are finally scheduling renovation jobs for homeowners who couldn’t get their phone calls returned just a few months ago.
Sources: Kevin McCoy, Let the Bad Economic Times Roll, Some Say, and Stephanie Armour, Slowing Economy Sends Workers Back to School, both in USA Today, February 27, 2001.
For text http://www.usatoday.com/usatonline/20010227/3096527s.htm and http://www.usatoday.com/usatonline/20010227/3096522s.htm
For more on Slow Growth, Recession and Stagnation > http://www.ncpa.org/pd/economy/econ4.html
