Louisville-area manufacturers and ancillary businesses will likely feel the most pain from this week’s market fluctuations. The Dow’s plummet on Monday and shaky rally on Tuesday shook several industries, but Indiana University Southeast business professor Uric Dufrene says any effects on manufacturing will be most noticeable locally. In addition to rattling manufacturers, the plummet and rally… Continue reading Market Fluctuations May Stagger Local Economy, Though Slowdown Was Expected
Conservative business practices have protected most Kentucky banks from being damaged by the Wall Street financial crisis. That means they’re able and willing to extend credit to eligible customers.
Meanwhile, consumers in Kentucky and across the country are still facing higher prices for commodities and more difficulty getting loans from banks.