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County businesses look for economic rebound in 2010 

Capital Gazette Communications
Published 01/03/10

After a year of enduring the national economic recession, the closing of 2009 could not have come sooner for the individuals and businesses left hung out to dry.

Capital file photos by Paul W. Gillespie Retailers hope to bring back cautious consumers in 2010, and the real estate industry hopes for a better year for home sales and office vacancies.
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More families lost their homes, new construction hardly broke ground, mom-and-pop shops and corporations alike filed bankruptcies, and spending on all fronts was scaled back.

Today the unemployment rate in Anne Arundel County hovers at 6.7 percent, which looms well above the number of jobless residents exactly one year ago, at 4.5 percent, according to Maryland labor officials. Across the state, businesses are continuing to shed jobs, even though the rate of declining...

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