Business Report: Traffic Deaths Rising; Downtown TIF Extension A Step Closer
Sean Crawford talks with the State Journal-Register Business Editor Tim Landis.
On this week's Business Report:
* Traffic fatalities - On pace to hit 1,000 this year for first time since 2008; IDOT and insurance firms say the increase to 70 mph on rural interstates only one of many factors that includes more miles driven, cheaper gas, distracted driving and more teenagers getting back on the road.
* Downtown Springfield TIF - Governor Rauner approved a bill extending the Tax Increment Financing district for another 12 years; still needs city council approval. Future projects could include redevelopment of the former YWCA block.
* German-Bliss - Equipment dealer on west side of Springfield closing at end of month as direct result of a downtown in the farm economy; Caterpillar is among their big customers...but they also sell mowers, tractors, ATVs, utility vehicles and other equipment for commercial-ag; It's one indicator of the ripple effect of lower commodity prices.
Read the latest stories Tim is working on in the SJ-R.