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Show ) March 3, 2!)5 ( THE MAGNA TIMES, WEST VALLEY NEW S, KEARNS POST 9 Business Cost living drops in January Kural Business off SALT LAKE COUNTY - The overall cost of living along the Wasatch Front fell 0.4 percent in January, continuing the decreases seen over the prior two months, according to the Wells Fargo Wasatch Front area Cost of Living Report. Despite increases in clothing and dining-ou- t costs, the overall Wasatch Front cost of living continued to decline, primarily due to falling grocery and gasoline prices, said Kelly K. Matthews, Wells Fargo executive vice president and economist. In the case of utilities, recreation and education. However, the trend towards price stability persisted. The January Wasatch Front area Cost of Living Index (March 1988100) dropped to 153.3 compared to 163.6 calculated nationwide from the same base month, rom August 2004 to January 2005, the overall local cost of living increased 2.1 percent compared to the same year-ag- o period - down from Augusts 3.1 peak percent annual gain and Decembers annual rise. The national cost of living on a adjusted basis increased -- 2.4-perce- nt 0.2 percent during January, according to data reported today by the U.S. Bureau of Labor Statistics. The total percentage change is based on a weighted average of major spending categories, the weights determined by the spending patterns of a typical family budget. Transportation costs along the Wasatch Front maintained their downward trend for the third straight month, falling 0.8 percent in January as a result of lower gasoline prices. The local cost of transportation over the last six months was up 4.8 percent compared with the same six months last year. National transportation prices dropped 0.5 percent for the month. Grocery expenses along the Wasatch Front fell 2.0 percent in January. Price decreases for meats (down 5.7 percent), beverages, miscellaneous foods and cereals offset increases for sugars, fats, produce and dairy. Compared with the same period a costs year ago, local gained 4.2 percent over the past six Wasatch Front health care costs slipped 0.03 percent in January, continuing Decembers decline. Once again, lower prices w ere reported on nonprescription medicines. Across the country, medical expenses rose 0.6 percent for the month. Dining out along the Wasatch Front gained a minimal 0.03 percent during January due to less expensive vegetable dishes. Restaurant prices nationwide went up 0.5 percent in January. Along the Wasatch Front, January clothing expenses increased 0.8 percent, with higher price tags reported for womens and childrens apparel. National clothing expenses in January declined 2.3 percent. All of the remaining Wasatch Front price segments were unchanged in January (utilities, education & communication, recreation, and other goods & services). Wells Fargo provides the Cost of Living Report as a free benefit to the communities it serves. Price data for the Wells Fargo Wasatch Front area Cost of Living Report are produced by an independent research firm. food-at-ho- months. Nationally, grocery bills non-seasona- increased 0.2 percent in January. Conference announced event kicks off May 3 Two-da- y in SALT LAKE CITY - Sen. Bob Bennett with Utah the Rural conjunction Development Council, will host the Fourth Annual Rural Business Conference at the College of Eastern Utah in Price on May 3 and 4. Economic growth in rural Utah will be driven by homegrown development, with the local entrepreneur providing the vision and innovation that will fuel economic success, said Bennett. My hope is that the conference will provide information, tools, and valuable contacts to assist rural business leaders and community officials in their efforts to strengthen local economies. Gov. Jon Huntsman will keynote the conferences breakfast session. Prior to his election as Utahs governor in 2004, Huntsman held several leadership positions with Huntsman Corporations, most recently as chairman and CEO of its holding company. He has also served the United States government in several commerce and trade development positions, and was the U.S. ambassador to Singapore. Dr. Patrick M. Byme, chairman of the board and presd ident of Overstock.com, a liquidator, will offer the luncheon keynote address. Overstock.com has become an leader by reselling excess in from manufacturers, distributors, importers, inventory retailers and catalog companies. Dr. Byrne is also the general partner of High Plains Investments LLC, an investment company located in Park City, and considers himself an investor by trade. Bennett, a former Inc. Magazine regional entrepreneur of the year, will speak on small business growth during the breakfast session and will host discussion on government economic development efforts during other sessions of the conference. Breakout sessions will focus on specific areas of interest to rural entrepreneurs including access to business capital, finding and retaining quality employees, survive and traditional ing in a cyclical business climate, and more. marketing, Corporate sponsors for the conference include ATK Aerospace, Deseret Certified Development Company, Emery Telecom, Hunt Oil Company, Utah Power, Utah Rural Electric Association, Western AgCredit, Sun Advocate, Emery County Progress, Utah Department of Commerce, Bill Barrett Corporation, Central Utah Telephone, Eastern Utah Community Credit Union, Fannie Mae, USDA Rural Development, and Utah Rural Telecom Association. Attendance at the event is $20 and includes the May 3 reception, breakfast, lunch and all conference sessions on May 4. For more information, visit www.ruralutah.com, or contact Senator Bennetts Provo office at (801) (R-Uta- Utah-base- WEST VALLEY CITY - Mountain America Credit Union recently held an investment strategies seminar at its West Valley branch. The branch, at 2958 South 5600 West, just opened in November. The credit union has long been an advocate of financial education and takes advantage of many opportunities to educate members and the public in general about financial matters. This is just one example of the commitment Mountain ongoing WJeSj MOUNTIN' AMERICA CREDIT SION I! America has to educate its members. We hold about two or three seminars With roots dating back to the 1930's, Mountain America Credit Union is a tradition for many members. The traditions continue today as Mountain America offers financial products and services with added value, convenience, innovation and excellent customer every week at our branches throughout the state. The topics range from Investment Strategies to Identity Theft Protection, said West Valley branch manager Claire Buck. In addition to offering seminars at its branches, the credit union presents to sites level planing field in business (NUI) - For many years, only the largest companies had the resources to attract and serve customer all dVer'the world. Now, thanks to technological innovations and the Internet, small businesses are able to offer the same services and compete on a global scale. Often, a consumers first impression of a company is its Web site, said William Rice, president of the Web Marketing Association. A small busig Web site ness with an high-quali- their employer groups at their workplaces every month and to various schools teaching students about credit and checking accounts. ty award-winnin- can often provide the same level of sendee and products that once were ' bnly offered by major corporations. This is a tremendous opportunity for owners. Each year, the Web Marketing Association holds a competition to judge the best Web sites in more than 80 industries. The sites are judged on seven criteria, such as design, navigation, content and ease of use. The associations WebAwards are given to companies of all sizes. small-busine- ne on-lin- While we have a category specifically for small businesses, we have seen small company Web sites perform well in almost every industry, Rice said. Winning a WebAward is not about the size of the budget, but the thoughtfulness that goes into developing the Web ss on-li- site. To see past WebAward winners or to Web site for enter your visit evaluation, www.webaward.orgusa. small-busine- ss 851-252- 5. Business Directory To or e-m- 250-56- 5 to magwestxmission.com ail Sevier Valley Center Custodian H.S. diploma or equivalent, experience preferred. 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