Economic Slowdown

October 23, 2008 12:50:58 AM PDT
A Fresno Starbucks has become one of the casualties of the economic slowdown. One of the five central valley Starbucks locations slated to shutdown, closed its doors.-----------------------------------------------------------------------------------------------
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Long before the stock market crashed, Starbucks was pegged as an economic indicator. Months ago the Wall Street Journal noted sales were dropping, as consumers faced with declining home values, and high gas prices started cutting back. But while this place is closed, the local economic news is not all doom and gloom.

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