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Article: Slipping dollar is mixed blessing
- Article from:
- Journal of Business
- Article date:
- January 10, 2008
- Author:
CopyrightCopyright Northwest Business Press Inc. Jan 10, 2008. Provided by ProQuest LLC. (Hide copyright information)
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While the boost that the falling dollar has given to U.S. exports has been chronicled widely, the greenback's slide has affected other types of businesses besides exporters of manufactured goods.
That's especially being felt in Spokane, which is so near to the Canadian border it has become a destination as our neighbors to the north exercise the newfound spending power of their own currency to make their bucks go farther.
"So-called 'mall crawls' - adult shoppers' equivalent of twentysomethings' pub crawls - are gaining popularity with Canadians looking for deals in the U.S.," the Calgary Herald reported recently.
"They shop like mad," Jason Wyn, a reservation agent with Anderson Vacations, ...
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