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Exchange in brief

This week in BiS:

• Sera Bishop offers support to entrepreneurs for what she sees as the many demands of being a “social business” in this day and age. The idea is to streamline efficiency and productivity and identify opportunities for tracking growth.

• Dr. Jack Eades, the CEO and founder of Southern Allergy and Asthma, P.C., says his latest accomplishment is publishing “In a Hurry to Be Holy: Short Devotionals for Busy People.”

• Chris White — he designed, built and oversees the BiS website — discusses the new BusinessInSavannah.com Local Business Directory, a top resource for anyone who’s looking for more information on a business in Savannah.

• Economist Kenneth Zapp says rational analysis suggests the community shouldn’t use scarce tax dollars to subsidize a stadium for the Sand Gnats because sport stadiums do not foster or stimulate economic development.

• Banker Pam Parker advises small business owners to look for strategic ways to improve efficiency and manage their cash flow more effectively regardless of whether the local economy is expanding.

Gas prices tilt upward in metro Savannah

Average retail gasoline prices in Savannah have risen 5.7 cents a gallon in the past week to $3.51 a gallon on Monday, according to GasBuddy’s daily survey of 262 gas outlets in Savannah.

The national average has increased 4.1 cents a gallon in the last week to $3.61, according to gasoline price website GasBuddy.com.

Prices Monday were 19.2 cents a gallon lower than the same day one year ago and are 3.1 cents a gallon higher than a month ago. The national average has decreased 2.4 cents a gallon during the last month and stands 18.7 cents lower than a year ago.

“American motorists faced with slightly higher gasoline prices going into Labor Day weekend still had good reason to be happy as they returned home,” said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. “The national average was close to 20 cents per gallon lower this year.”

Home prices in Savannah increase

In Savannah, home prices, including distressed sales, increased by 11.6 percent in July 2013 compared to July 2012, according to a report Tuesday by financial data firm CoreLogic.

On a month-over-month basis, home prices, including distressed sales, increased by 2.6 percent in July 2013 compared to June 2013.

Excluding distressed sales, year-over-year prices increased by 5.8 percent in July 2013 compared to July 2012. On a month-over-month basis, excluding distressed sales, the CoreLogic HPI indicates home prices increased by 2.8 percent in July 2013 compared to June 2013.


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