After nearly 20 years in business, Aboveground Records, the landmark indie Island record store that has had a following among people of all ages, plans to close its doors.

On Wednesday morning this week Aboveground founder and owner Michael Barnes announced a closing date for the beloved store at the Triangle in Edgartown by posting a simple message reading on the store’s Facebook page: “1995-2014.”

“We’re in the final three months,” Mr. Barnes told the Gazette on Wednesday. He said he will likely close in the first week of January 2014.

It’s that time of year when seasonal businesses are taking down the shutters and the summer workforce is beginning to arrive.

In recent years Eastern Europeans and Jamaicans have been filling a growing share of summer jobs. Foreign workers wait tables, greet guests, pour beers, make hotel beds, bake peanut brittle and fudge, serve lobster rolls and fry quesadillas. About 5,000 people come to the Island to work each year, according to a recent Martha’s Vineyard Commission report on housing needs.

The Island has the second lowest seasonally unadjusted unemployment rate in the state, according to recent data released by the state’s executive office of labor and workforce development. The office reports that the Tisbury labor market area, which includes all six Island towns, had a seasonally unadjusted unemployment rate of 3.8 per cent in July, while the state average was 6.6 per cent. Statewide, Nantucket had the lowest unemployment rate for July, calculated to be 2.9 per cent.

A few days after hanging the Port Hunter sign on Main street in Edgartown, new restaurateurs Patrick and Ted Courtney received a visit from an old-timer. The man showed the brothers numerous old photos of the space including one that featured the front of the brick building and a sign mounted on steel with white lettering which spelled out First National. The sign was almost identical to their new sign, down to the font size and style.

“It kind of came back around... It was nice,” Ted said. “We felt like we were doing the right thing.”

There are no ripples or wake anymore, but the impact of no Schamonchi and no fast ferry from New London, Conn., has hit some businesses in Tisbury hard, especially along Beach Road where the ferries used to dock and disgorge tourists by the hundreds.

With the tragedies of Sept. 11 forcing many vacationers to postpone or altogether cancel their autumn trips to the Island, some Vineyard businesses find themselves in an unexpected financial pinch.

While the slowdown is inevitably affecting the Island economy, most business owners are taking the hit with patience and understanding.

"This is not just an inconvenience, this is an attack on mankind," said Sandy Berube of the Jonathan Munroe House in Edgartown.

NANTUCKET - On a hot Tuesday morning, tourists clog
Nantucket's cobblestone streets, strolling from boutique to art
gallery to coffee shop.

Walking from Main to Centre streets, they sip a latte, buy a hooded
island sweatshirt and brunch at the Jared Coffin House, knowing nothing
of the obstacles this old whaling city has overcome just to serve them.

Now is always a good time to market a quality product, say a number of Island entrepreneurs opening new businesses this summer.

"Our idea ... was to kind of seize the moment," said Frank Pellegrino, opening a Mexican restaurant where Lawry's seafood restaurant used to be in Edgartown.

He said that he and partner Denise Page didn't want uncertain economic times to deter them from taking the lease to a valuable piece of property: Not many businesses come with parking lots attached, he said.

With six shopping days left until Christmas, Tisbury merchants say the women will come early, the men late. Parking will be tough, but when isn't it? And though the wind may be cold the shops are warm, and the white lights of a Main street night alone make it worth the walk.

Vineyard Haven store owners are hoping this weekend will bring a rush to boost holiday business. December is usually one of the more profitable months of the year, but so far sales have been lackluster.

Like a twist on the old Homer Price story, it wasn't the doughnuts that piled up this weekend at Janice Casey's bakery in
downtown Oak Bluffs, but the signatures.