Business Update on KPCC: Why 405 closure is non-event for economy

Key factor is whether sales are lost forever or just moved around. If they're moved around, it's not really a big deal - and that'll probably be the case with the freeway closure. Businesses and individuals certainly have had plenty of time to adjust their schedules - a trucking company, for example, will be able to either reroute deliveries or make their runs before or after the closure. Someone planning a wedding will have had time to choose another date. Factories won't lose any output because many of them aren't even operating over the weekend. This week's chat with Steve Julian gets into the business side of the closure. Available at and podcast (Business Update with Mark Lacter). Transcript is after jump.

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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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