GETTING OFF TREK: Guides, helicopter pilots and tour operators in Las Vegas are sweating that fewer people are willing to spend their time and money visiting the Grand Canyon and other Southwestern attractions.
STAYING ON TASK: As the economy slumps, observers say businesses can help themselves by improving efficiency. Learning to block out distractions and focus can help.
EXECUTIVE SNAPSHOT: Wells Cargo Inc. President and CEO Guy Wells describes gratification from seeing jobs he’s done and affinity for license-requiring activities like scuba diving and plane piloting.
THIS WEEK’S LIST: Education, training organizations and schools.
THIS WEEK’S BUSINESS PRESS POLL QUESTION
Log onto the Las Vegas Business Press Web site and let us hear your opinion on this week’s question.
A Federal Reserve official is issuing new warnings that with the country spinning deeper into recession, the United States is in danger of suffering a serious bout of deflation. “I think we face some risk — at this point only a risk — of sustained deflation,” James Bullard, president of the Federal Reserve Bank of St. Louis, said in a speech. Last year’s inflation rate was the smallest since the early 1950s and consumer prices actually fell in December. A prolonged decline in prices could drag the ailing economy down even further, lowering wages and hurting already-clobbered home and stock prices. The United States’ last serious case of deflation happened during the Great Depression.
Do you think the United States is facing a real threat of falling into a serious deflationary cycle?
Answer at www.lvbusinesspress.com/poll/