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Grocery Store Prices
Business
note from
Lee, NH
I was working at a local supermarket in Lee New Hampshire where I heard a customer arguing with a clerk about too many employees working during the day. The employee replied that if everyone worked over night the prices would rise due to the increase in labor wages. The customer instantly replied that it is inapropriate to talk about food prices rising because of the state of our economy and that the clerk's remark made her very nervous because she was having trouble affording food already. This shocked me and made the recession real, when I saw the horror on this women's face and the surprise on the face of the store clerk. |
Congresswoman Carol Shea Porter announced the following grants to NH:
Manchester Transit Authority: $92,282 for operating assistance and 24 bicycle racks.
Cooperative Alliance for Seacoast Transportation: $67,282 for operating assistance, which will allow the Cooperative Alliance for Seacoast Transportation (COAST) to support continued operation of current services.
University of New Hampshire Durham, Dover and surrounding communities: $38,000 for Dispatch/fleet communications system, new and upgraded radios, and miscellaneous support equipment.
The 352 foreclosures in January was a record number for January and nearly matched the monthly high set for all of 2009, according to the New Hampshire Housing Finance Authority. Agency analysts say the January jump might reflect lenders who held off on foreclosures during the holiday season but it certainly speaks to the ongoing effects of job losses.
Data from the Mortgage Bankers Association showed mortgage delinquencies set a record rate in the state in the last quarter of 2009. About one out of eleven borrowers had at least one payment past due.