My-Car Provisions, a New London, Conn., meat market, is closing up after 83 years in operation – another victim of the U.S. economy, according to the owner, Raymond Capalbo.

"If you go back three years ago I believe my customer base was at least 40 more customers," he told WTNH News. He said that he had to raise the price of his ground beef by ten cents a pound.

"Two of my biggest customers both left me for that dime," said Capalbo. "So they went to the bigger companies which are...I feel helping regulate the federal government with rules."

One such change no longer allows Capalbo to slice ready-to-eat meat in the same room as raw product, so he had to drop that service.

"That now just makes it a little more difficult to make ends meet," said Capalbo.

Capalbo, who has run the business for 21 years, says that one of the hardest things to do will belaying off his two employees.

“They've been with me for quite some time,” he says. “It's gonna be tough."

Source: WTNH News