Signs of the Recession
I’ve been collecting good news and bad news – signs that we are in a recession (bad news) and signs that we are not (good news). More bad news signs out there than good news ones right now. Here are some examples:
On the bad news side:
- A friend just returned from a big convention in Las Vegas. Last year there were 60,000 people at this convention; this year there were 40,000.
- He also noted that the casinos had many tables closed and the minimums on the tables are low, which means not as many gamblers.
- My husband and I went to WalMart (in the Midwest) in the middle of what would be a busy Saturday morning. The checkers were all standing around waiting for someone to come through. If people aren’t buying at WalMart during a weekend, that’s a sure sign of recession.
On the good news side:
- I flew to Tampa on Thursday. The airport was bustling, many planes were overbooked. So lots of people are traveling.
- I’m in Sarasota – very high end area. LOTS of people buying stuff in St. Armand’s Key and eating in their restaurants. At one end of the scale, there’s no recession in sight.
- I love quilting and the friend I’m visiting loves knitting. I’m happy to report that both quilt shops and knitting shops are doing well here in FL.
What do you think? Do you see signs of recession? Or signs that we’re coming out of it?
I’m interested in what signs you see – good news and bad news – in your area. Post a comment and let me know.
Image source: Newscom