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THIS IS MICHAEL DE GROOTE FROM THE SALT LAKE CHAMBER, WITH YOUR METRO BUSINESS REPORT
According to Wells Fargo’s Wasatch Front Cost of Living Report, the cost of living along the Wasatch Front declined a modest 0.1 percent in November. This overturns last month’s increase. Lower gasoline prices more than offset cost gains in other categories. The longer-term trend now points to a slower rise in costs. Transportation costs dropped 0.9 percent in November. While nationally clothing costs fell 1.0 percent in November, the Wasatch Front saw a 1.4 percent increase
SkyWest Airlines estimates that as of the date of United Airlines’ bankruptcy filing, United owed SkyWest approximately $13.5 million dollars. If this obligation will not be met under the bankruptcy, SkyWest plans to offset amounts owed to United by SkyWest of approximately $4.1 million dollars. This leaves SkyWest’s net exposure to United’s bankruptcy at approximately $9.4 million dollars.
What are the Top Ten Stories of 2002? Come see what the local media thinks on January 23rd at 7:30 a.m. at the Wyndham Salt Lake City. It’s a fun morning event and gives you a chance to meet some of the local media. Business After Hours is the premier business networking event in Salt Lake. The next Business After Hours is at Rowland Hall also on January 23rd at 5 p.m. For more information on either event call the Chamber at 328-5077 or see us on the web at saltlakechamber.org.
THIS IS MICHAEL DE GROOTE FOR KSL NEWSRADIO 1160.
