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The clipping this text was read from
The clipping this text was read from

a 7.8 percent increase per. store. The news is not so good for tourist areas like Williamsburg and Virginia Beach, where hotel occupancy rates fell during June.

The news is no better for newspapers, with advertising linage down 42.9 percent in June, probably due to lower home and car sales, coupled with slower income and job growth, said Mr. Pearson.

“These pullbacks are a clear signal that many Virginia businesses are adopting defensive strategies, cutting discretionary spending. Those strategies are likely to lead to further future deceleration in payroll job growth, especially in the trade and service sectors, as hiring plans also are scaled back,” he said.

89.4%