Ferguson riots fallout could shake fragile economic progress

Businesses in Ferguson grappled Monday with the aftermath of weekend rioting and looting that left a path of destruction in the St. Louis suburb.

The violence began Sunday in response to the fatal police shooting of 18-year-old Michael Brown. By Monday, more than two dozen businesses in Ferguson and nearby Dellwood were damaged or looted. Many businesses near the epicenter of weekend activity remained closed Monday.

Amid the tumult of the last few days, concerns have sprung up among some residents that recent economic progress in the community could suffer a setback.

After being hit hard by the real estate and jobs collapse of the last decade, North St. Louis County had begun to see declining home foreclosures. And real estate agents in Ferguson saw signs of prices stabilizing, or even rising, in some neighborhoods.

Read more from the St. Louis Post-Dispatch


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