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Terrorism's economic impacts minimal in North Kitsap

Like a stone thrown into a glassy pond, the Sept. 11 terrorist attacks have produced ripples in the economy and North Kitsap is no exception.

While the full financial effects of the tragedies in New York City, Washington D.C. and Pennsylvania have not yet been seen by the area’s larger businesses, the smaller ones have noticed a definite change.

“In the short run we’re feeling it,” said Jim Raymond, manager for Kingston Thriftway. “Things have slowed down considerably. People are being conservative and concerned,” he said.

But in the long run, “people have to eat,” he said.

Other businesses felt what they are now considering a temporary crunch. In the days following the attacks that killed thousands of people on the east coast, restaurants here saw near empty dining rooms.

Area grocers experienced a bit of a slowdown in business early on.

“People were more glued to their TVs at that time,” said Randy Ackerman, store director for Albertson’s. But now, more than three weeks later, business has returned to normal levels, he said.

Grocers are also susceptible to the other end of the spectrum as buyers sometimes clear the shelves of bottled water, canned goods and first aid supplies, which hasn’t happened here.

“There’s not a lot of panic buying,” Ackerman said.

Dr. Tom Lamar, Kingston Chamber of Commerce president-elect said people visiting his business, Anchor Chiropractic, have “been a little more stressed than usual.”

“Economically I think every business will be affected,” he said looking at the bigger picture.

Affected, yes, but not all North Kitsap businesses are suffering from the recent changes.

“Our services level remains the same,” said Shannon Childs, director of marketing and communications for Paladin Data Systems of Poulsbo.

“I think we’re going to need more time to see how customers are impacted by this,” Childs said.

Paladin supplies technology services to companies and a slowdown in the overall economy could be good for Paladin’s business.

When companies are streamlining their workforce, they oftentimes look to technology to cut costs, Childs said.

Other businesses haven’t seen even a hiccup in their financial dealings following Sept. 11.

Kingston Lumber for example is carrying on its momentum from before the tragedies.

“We haven’t seen any glitches or any changes,” said Tom Waggoner,

owner.

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