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	<description>Myrtle Beach Real Estate</description>
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		<title>Consumer Confidence Rises in January</title>
		<link>http://www.scaliserealty.com/Blog/?p=16</link>
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		<pubDate>Tue, 01 Feb 2011 15:03:52 +0000</pubDate>
		<dc:creator>Matt</dc:creator>
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		<description><![CDATA[Courtesy of RealtyTime.com Article by Carla Hill  Anticipation of improved conditions in business and the job market caused consumer confidence to inch up in January. Lynn Franco, Director of The Conference Board Consumer Research Center, reports that “consumers have begun the year in better spirits. As a result, the Index is now near levels not [...]]]></description>
			<content:encoded><![CDATA[<div>Courtesy of RealtyTime.com</div>
<div>Article by Carla Hill</div>
<p><!-- Body --></p>
<div><a href="http://webcastcity.com/pages/webcastit_order_rt.htm?open&amp;id=20110201_confidence.htm" target="_blank"> </a>Anticipation of improved conditions in business and the job market caused consumer confidence to inch up in January.</p>
<div style="float: right; margin-left: 5px;"><a href="http://www2.realtytimes.com/rtnews/linktracker.ag?Open&amp;TYPE=RealTimes\HouseValues_InnerArticle_C17&amp;LINK=http://info.marketleader.com/form/3527" target="_blank"></a></div>
<p>Lynn Franco, Director of The Conference Board Consumer Research Center, reports that “consumers have begun the year in better spirits. As a result, the Index is now near levels not seen since last spring (May 2010, Index 62.7). Consumers rated business and labor market conditions more favorably and expressed greater confidence that the economy will continue to expand and generate more jobs in the months ahead. Income expectations are also more positive. Although pessimists still outnumber optimists, the gap has narrowed.”</p>
<p>What is consumer confidence? It is measured in terms of the public&#8217;s optimism about the economy. Consumer confidence is also measured in part by how much people are spending and saving.</p>
<p>Each month The Conference Board surveys 5,000 U.S. households. The survey asks for rankings on:</p>
<ol> </p>
<li>Current business conditions </li>
<li>Current employment conditions </li>
<li>Projected Business conditions </li>
<li>Employment conditions for the next six months </li>
<li>Total family income for the next six months</li>
</ol>
<p>In January, consumers&#8217; short term outlook was higher than the month prior. According to the Conference Board, &#8220;Those anticipating an improvement in business conditions over the next six months increased to 19.0 percent from 16.8 percent, while those anticipating business conditions will worsen decreased to 11.3 percent from 11.8 percent. Consumers were also more optimistic about the job market. Those anticipating more jobs in the months ahead increased to 16.0 percent from 14.2 percent, while those expecting fewer jobs declined to 17.5 percent from 19.2 percent. The proportion of consumers expecting an increase in their incomes rose to 11.4 percent from 9.9 percent.&#8221;</p>
<p>Consumer spending also rose in the latest survey, as reported by the Commerce Department. This was the sixth month of gains, and the highest it has been in four years, according to Business Week.</p>
<p>Unemployment, however, remains high. In the last monthly report from the U.S. Bureau of Labor Statistics, unemployment is 9.4 percent nationally. This is a slight decline of .4 percent from December. Rises in employment were seen in the healthcare and leisure and hospitality industries only.</p>
<p>&#8220;There are definitely hopeful signs of sustained recovery in 2011,” Federal Reserve Bank of Atlanta President Dennis Lockhart said yesterday, “That said, I believe it is a bit early to declare victory, and, to be sure, employment is nowhere near acceptable levels.”</p>
<p>Repair to the ailing job market should have far reaching effects, namely on spending and the housing market.</p>
<p><em>Published: February 1, 2011</em></div>
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		<title>Myrtle Beach History</title>
		<link>http://www.scaliserealty.com/Blog/?p=15</link>
		<comments>http://www.scaliserealty.com/Blog/?p=15#comments</comments>
		<pubDate>Wed, 06 Jan 2010 03:14:51 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[About Myrtle Beach]]></category>

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		<description><![CDATA[The Grand Strand was born of two vastly different cultures. Georgetown County developed from a thriving colonial plantation culture that reached its zenith just before the Civil War, while the more isolated Horry County (pronounced &#8220;oh-ree&#8221; or &#8220;or-ee&#8221;) rose from humble beginnings in farm and timber trades. Of course, the area&#8217;s history extends much further [...]]]></description>
			<content:encoded><![CDATA[<p>The Grand Strand was born of two vastly different cultures. Georgetown County developed from a thriving colonial plantation culture that reached its zenith just before the Civil War, while the more isolated Horry County (pronounced &#8220;oh-ree&#8221; or &#8220;or-ee&#8221;) rose from humble beginnings in farm and timber trades.</p>
<p>Of course, the area&#8217;s history extends much further into the past, to a time when Native Americans lived off the land and the bounty of the local waters. They were the Waccamaw and Winyah Indians, and they called the area &#8220;Chicora,&#8221; which means &#8220;the land.&#8221; Although documented history of these tribes is scarce, evidence of their existence continues to turn up. Arrowheads have been found on the beach, riverbanks, and in farmers&#8217; fields. A burial mound was discovered on Waites Island near Little River. The remains of an Indian village were unearthed on Wachesaw Plantation near Murrells Inlet, including pottery shards, tools, and other artifacts. At the Horry County Museum in Conway, several exhibits shed light on what life was like for these early residents.</p>
<p>With the passing of centuries and the arrival of Europeans, the population and landscape began to change. English colonists laid out plans for Georgetown, the state&#8217;s third oldest city, in 1730. Surrounded by intricate rivers and marshlands, Georgetown became the center of America&#8217;s rice empire. Crops of indigo, cotton and lumber also contributed to the wealthy economy. A rich plantation culture took root here and flourished &#8211; in no small measure as a result of the diligence and manpower of African slaves, many with first-hand knowledge of rice cultivation from their homelands. Hopswee and other historic plantations, Georgetown&#8217;s Rice Museum, and Brookgreen Gardens offer fascinating glimpses into this cornerstone of Georgetown&#8217;s past.</p>
<p>Before the Civil War, wealthy plantation owners turned Pawleys Island into one of the first summer resorts on the Atlantic coast. Planters and their families spent summers on the cool, breezy island to avoid malaria and other deadly diseases associated with the more swampy, still conditions of the plantation site. Historic cottages, inns, and other buildings still stand on Pawleys Island.</p>
<p>After the Civil War and the emancipation of slaves, Georgetown&#8217;s rice plantation culture disappeared, leaving behind a rich history and culture that residents hold dear. The Georgetown Historic District is listed on the National Register of Historic Places. Today, along with being a major industrial center, the city is well known for careful preservation of its past with historic churches, homes and plantation sites. A restored waterfront district with distinctive restaurants, shops, community theater, and more attracts visitors throughout the year.</p>
<p>Horry County bounded by rivers on one side and the Atlantic Ocean on the other, was cut off from the plantation culture that flourished elsewhere along the coast. Horry residents, in what is now the Conway area, were hardworking farmers, timbermen, and turpentine distillers who bartered for their necessities. A typical family in 1875 earned approximately $2.50 a year in what was nearly a cashless economy.</p>
<p>Until the 1900s, bridges and railroads from Conway to the beaches did not exist; only struggling farmers and fishermen inhabited these distant beaches. Eventually, in pursuit of summer recreation, families from Conway were ferried across the Waccamaw River and rode in wagons from the river to the beach.</p>
<p>In 1900, Burroughs and Collins Company, a timber-turpentine firm with extensive beachfront holdings, began developing the resort potential of the Grand Strand by constructing a railroad to the beach. The company built the first hotel, the Seaside Inn, in 1901. At that time, oceanfront lots sold for $25 to those with ready cash. (Less affluent individuals could purchase a lot one row back and pay in yearly installments of $2.50.) Buyers received an extra lot free if they built a home valued at $500 or more. Mrs. F.E. Burroughs, wife of the founder of the Burroughs and Collins Company, hosted (and won) a contest to name the town. Myrtle Beach was chosen because of the many wax myrtle trees growing wild along the shore.</p>
<p>In 1912, Chicago businessman Simeon B. Chapin purchased property and invested capital in the town&#8217;s development. Myrtle Beach&#8217;s public park and adjacent library are named for him. Another landmark bearing his name is the Franklin G. Burroughs-Simeon B. Chapin Art Museum.</p>
<p>In the 1920s, a group of businessmen built an upscale resort called Arcady at the north end of the community. The legendary resort was the rage among affluent society and included the present Pine Lakes International Country Club, the area&#8217;s first golf club (and birthplace of the magazine Sports Illustrated), and the grand Ocean Forest Hotel. The Ocean Forest, with its 300 rooms, indoor and outdoor pools, health club, stables, and crystal chandeliers, remained the center of Myrtle Beach social life for 30 years. The stately building was torn down in 1974 to allow for new development.</p>
<p>The Intracoastal Waterway was opened to pleasure boats and commercial shipping in 1936, and Myrtle Beach was incorporated in 1938. The Myrtle Beach Air Force Base was established in the 1940s and used for coastal patrols during World War II. The Myrtle Beach Pavilion opened in 1949 and continues to delight families year after year.</p>
<p>Hurricanes have always played a crucial role in Myrtle Beach area history and development. In 1954, Hurricane Hazel demolished building and trees all along the Strand and, consequently, cleared the way for newer, larger hotels and homes. During the 1960s, a golf boom began and still continues; today, the number of courses totals 115. In the 1970s and &#8217;80s, construction of attractions, homes, retail shops, and other developments increased steadily, triggering another boom in the early &#8217;90s that resulted in the Myrtle Beach area becoming one of the fastest growing metropolitan areas in the country.</p>
<p>Phenomenal expansion and development have contributed to the Grand Strand&#8217;s national reputation as a year-round resort, with numerous hotels, golf courses, restaurants, theaters, entertainment/shopping complexes, and attractions. Each year, millions of visitors come to the Grand Strand, and thousands of new residents relocate to the area.</p>
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