Niagara Falls Blog

From the Lockport Union-Sun & Journal:

It appears that the declining value of the U.S. dollar means more than just overcrowded mall parking lots on weekends.

The cable financial network CNBC sent a crew to the Fashion Outlets of Niagara Falls USA on Tuesday to examine the issue, which has seen the U.S. dollar worth virtually the same as the Canadian dollar ($1 U.S. traded for $1.0011 Canadian on Tuesday afternoon, according to The Associated Press) for the first time in three decades.

While that has an obvious impact on locals — such as parking lots littered with Ontario license plates and longer lines entering the United States — the story is important to all Americans, according to CNBC correspondent Brian Shactman.

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