Industry offcials: Local economy still OK

A dismal economy is casting a pall on the New Year in most of the United States, but the outlook doesn’t seem quite so grim locally.

Nationally, homeowners are defaulting on loans in record numbers; banks are failing; top corporations are folding, laying off workers or filing for bankruptcy.

Home foreclosures are happening in Carroll County, but Greg Goff, chief executive officer of First National Bank in Carrollton, says few are homes that were financed by local banks.

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The Carrollton News Democrat | circulation@mycarrollnews.com | 502-732-4261
P.O. Box 60, 122 6th Street, Carrollton, KY 41008
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