“The economy is good but not great,” he said in late July.
“People have gotten to the point to where if they have money, they’re not holding onto it as tightly as they did a few years ago. They’re trying to get back to normal if they have money and have a job. They are out there eating in restaurants and doing their activities.”
Cefalu said the region’s real estate picture is improving. He said prices are inching higher and owners that sat on many properties are beginning to market them.
Despite the cheers of a strong area economy, many still cite somewhat slower retail and foodservice traffic, said T.J. Rahll, operations manager of Edward G. Rahll & Sons Inc. in Jessup.
“It seems like everyone’s complaining a little on all ends, but I don’t think they’ve been too bad (business),” Rahll said.
“There’s a lot of retail competition in this area. It’s really vicious, the competitiveness around here in the produce industry.
“The foodservice jobbers have had a tougher time than many in the industry. We’re seeing a little more turnover in that end with people getting out of that business.”