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Local Economies Seek Own Revival

March 18, 2009 /

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Cities, counties and states across the nation are launching home-grown economic-stimulus plans aimed at spurring local spending and keeping small businesses afloat during the recession.

Some are taking the traditional route of cutting corporate taxes. Others are trying all sorts of ideas: Paying residents to shop in local stores; giving real-estate brokers bonuses for bringing tenants to empty strip malls; reducing fees on new development; even critiquing local restaurants and giving owners feedback on how best to bring in customers.

By STEPHANIE SIMON and LESLIE EATON

Full Story: http://online.wsj.com/article/SB123672424836788181.html#printMode

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