From the New York Times:

By JAN ELLEN SPIEGEL
Published: December 31, 2008


Photo: Wendy Carlson for The New York Times

After a summer of their dreams, bicycle store owners are facing a grim reality this winter.

Big increases in business this year led some shop owners to think that they were largely insulated from a slowing economy. But the economy has continued to spiral downward, taking bicycle sales and much else with it.

The question now is whether all the bicyclists who appeared last summer will be back next summer.

Read the rest of the article at the NYT site.

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