Fewer Businesses are Moving to Yakima - NBC Right Now/KNDO/KNDU Tri-Cities, Yakima, WA |

Fewer Businesses are Moving to Yakima

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YAKIMA, Wash.- Just a few months ago new businesses were popping up and local businesses were expanding. The president of New Vision says things look to be slowing down even more.

" Tough time are literally taking momentum out of business plans to grow or expand right at this point in time," said Dave McFadden.

Dave McFadden says the number of companies interested in expanding and relocating to Yakima dropped from eight to two. He expects the numbers to keep going down.

"It's pretty clear to us that folks are just tightening the belt, they're in survival mode," said Dave McFadden.

"Money is a problem here in Yakima," said Ray Hill, who lives in Yakima.

Ray Hill is retired and says he's worried the economy will affect his friends and family.

"There aren't that many jobs, people are getting laid off," said Hill.

One incentive to attract more business to Yakima is the low operation costs, but McFadden says right now, that's not enough.

"I don't think they're the type of resources that compromise a decision to expand," said McFadden.

Which is why Yakima developers are changing the way they market the Yakima area to a more affordable place for business.

"If you're in a survival mode or you're trying to grow, go in a place where you can save some money," said McFadden.