Friday, 1 August 2014

Atlantic City's gambling revenue sinking.

It has been reported that the casino revenue in Atlantic City is down and could get worse before it gets better.

A.C.s decline bad but could get worse.

This means that Atlantic City could soon experience significant job losses.

South Jersey Economic Review

Less jobs means a greater chance of recession and potentially an increased rate of homelessness. The SJER suggests that non-farm economic growth is currently experiencing a downward trend. Would that assessment be accurate?

The SJER mentions right sizing. What is that? How can that affect an economy?

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