Articles for June 11th, 2009
Dallas Economy “Bouncing Along The Bottom”
The Dallas Fed Biege Book gives this report:
Downward price pressures remain prevalent across industries. Staffing, legal and accounting firms continue to report pressure from clients to discount the price of their services. Retailers said selling prices were mostly steady, although prices of “day-to-day” goods continued to fall. Auto dealers said used car prices were holding up better than new car prices, and at least one contact expected domestic auto prices to drop further. Airline industry contacts noted substantial fare sales in recent weeks. Energy industry respondents said rates charged for routine wellhead work were under pressure as producers demanded concessions reflecting lower commodity prices and revenues.
You can get all the good news here, direct from the horse’s mouth.
UTSW Parking Garage Floods
An alert FrontBurnervian sends this image of a parking garage at UT Southwestern.
The Story of How Spider Monkey Saved Me From Drowning in the Trinity
I have just returned to my desk after piloting the Spider Monkey around town to take photos of the soggy destruction. After the jump, I bring you her work — plus the story of how she saved my life.
Dave & Buster’s: Managing Thru The Recession
Two days ago, I linked to an article on P. F. Chang’s secret to holding margins during tough times. Today, Dave & Buster’s is reporting good gains in margins even though business is down. Profit is up 3.7% while same-store sales are down 7.9%.
Another Scene From the Apocalypse
A mayhem-avoiding FrontBurnervian sends this pic from the road, taken at Henderson and Belmont.
Turtle Creek Is Just a Tad Swollen
If Turtle Creek looks like this, I wonder how those Trinity levees are holding up right now.
Flooding at White Rock
These pictures are terrible. You’ll forgive me. But the north end of White Rock is a mess. Buckner is under water.
Leading Off (6/11/09)
1. Some guy is suing Match.com. There’s a joke to be made here. Something about bad dates. But I just can’t get my head around it.
2. The second comment, by “Ivan,” to this story about the city settling with people who were attacked by Jabari the gorilla is why we turned off comments. (Update: the comment has been taken down.)
3. More revelations about the collapse of the Cowboys’ practice facility. Turns out that when the team hired Summit Structures to build the facility, it knew that a similar structure built by the company in Philadelphia had collapsed in a storm. I’m no legal expert, but I don’t see how that will help the Cowboys in court when the lawsuits are eventually filed.
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