Park Record Business Briefs for April 26, 2006 | ParkRecord.com
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Park Record Business Briefs for April 26, 2006

Jess Reid announces new hire

Jess Reid Real Estate has announced Deborah Gaylord has joined the firm as a licensed sales associate specializing in primary and residential real estate sales.

Originally from southern California, Gaylord has a background in communications and the performing arts, was a model and actress and holds a degree from Saddleback College in Mission Viejo, Calif.

Mother of three, Gaylord was a substitute teacher for the Park City School District and remains active in

voluntary school-related activities as well as continuing to teach classes at Temple Har Shalom.

Jess Reid Real Estate is an independent real estate firm with more than 23 years of experience in and around the Park City area.

Cost of living rises slightly along the Wasatch Front

The overall cost of living along the Wasatch Front rose a slight 0.1 percent in March. Although this was the fourth straight monthly increase, the pace of annual inflation has slowed, according to the Wells Fargo Wasatch Front area "Cost of Living Report."

The report is a free benefit to the communities Wells Fargo serves, according to the company. Price data for the Wells Fargo Wasatch Front report are produced by an independent research firm.

In March, only three cost categories experienced modest increases. Nevertheless, the local 1.7-percent annual price gain remained below the 3.7-percent national rate, according to Wells Fargo Executive Vice President and economist Kelly K. Matthews. Transportation expenses in March were up from the previous month, but the year-over increase has continued to narrow, she said.

The national cost of living on a non-seasonally adjusted basis jumped 0.6 percent during March, according to data reported by the U.S. Bureau of Labor Statistics.

Wasatch Front transportation expenses rose 0.3 percent in March as a result of higher gasoline and public transportation costs.

Reversing direction, grocery expenses along the Wasatch Front rose in March by 0.2 percent. Higher prices for meats, cereals, dairy and miscellaneous foods more than offset lower costs for produce, sugars and beverages. Local food-at-home expenses over the past six months have accelerated to a four percent rise compared with the same period a year ago. Grocery bills nationwide declined 0.2 percent in March.

Health care expenses eased a slight 0.01 percent due to lower prices for nonprescription medicines. Nationally, medical costs increased 0.5 percent for the month.

Wasatch Front clothing prices rose 0.2 percent in March the result of higher price tags for women’s apparel and men’s wear. March clothing costs across the nation jumped 4.6 percent.

The remaining Wasatch Front price segments (housing, food away from home, utilities, education and communications, recreation and other goods and services) were unchanged in March.


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