Re: Anecdotal economic field reports (Now Stickied)
Quote:
Originally Posted by
chad
ran around doing some errands the last few hours. observations:
walmart- went in to get some 25 pound bags of wheat berries. place was deserted. i've never seen it so empty.
ace hardware- went in to get some bolts. i was the only person in the store for at least 15 minutes. 1 other person in the store when i left.
grocery store- getting some stuff for dinner. place was deserted. checkers standing around.
gamestop- bought the kids a nintendo ds for xmas, stopped in to look at used games. i was there for 40 minutes, i was the only person in the store.
The Ace Hardware being deserted is strange - today and today only Ace has a 50% off coupon for anything in the store! I would have imagined that Ace would be busy today! As a matter of fact, that's where I'm heading in a few hours to see if I can snag a deal. I frequent my local gamestop all the time, many times they're empty and many times they're full. I haven't yet upgraded my daughter to a DS, she still plays her old Game Boy Advance SP, and she loves it.
Re: Anecdotal economic field reports (Now Stickied)
Quote:
Originally Posted by
AndreaGail
just went and filled my tank and the person before me got $3.50 in gas! So it was either a gs-user wanted to just top off or someone really struggling to make ends meet, the latter being much more likely :D
Could have been someone that need 1 gallon for 2 cycle mix.
Re: Anecdotal economic field reports (Now Stickied)
i've been running a small cash for gold business the past couple of years (and before y'all hate on me too much for that, i'm buying everything at auctions rather than advertising and paying people shite rates - typically i'm paying around 93% of spot, and i've helped a few friends buy gold coins over the past couple of years), and i notice lately that spot price in euros is becoming less and less relevant...my win ratio on what i bid on has dropped to almost zero over the past couple of weeks. i've generally found that when we hit new highs, it takes a few days for people to adjust to that, so i'm hoping we get new highs soon so that i start making some money again!
Re: Anecdotal economic field reports (Now Stickied)
The Goodwill store I mentioned earlier is now open & I finally got to check it out today. As we were leaving, I noticed the glass display cases near the checkout, typically they hold the 'higher-end' stuff, but priced accordingly.
Now, however, the items are not priced at all. It is a "Silent Auction", where you pay a one-time fee of $20 to register. Then, you may bid.
In this store, 1 'group/or set' had 3 silver coffee/tea pots. Another set to bid on was silver trays, cups, a few small serving pieces. An old antique doll about 18", things like that. I found it interesting to say the least... I'll bet a PRO might really make out on those silent auctions. They're held every week, so the merchandise is always changing...
Re: Anecdotal economic field reports (Now Stickied)
oh, and one non-English speaking older couple were sorting through the loose silverware quite intensely. I was under the impression they were hunting for silver pieces, but they didn't find any. (Flatware in the general area, not in a display case).
Re: Anecdotal economic field reports (Now Stickied)
Tract houses are still being built in Socal. Yesterday, I drove past seven(ish) houses in various stages of framing. When I drove by they were rolling trusses. Next to that, they were grading lots and installing power poles for the next phase. This is right off the 210. The billboard said the prices were in the mid $300s for the spec homes.
Re: Anecdotal economic field reports (Now Stickied)
I've been doing credit repair as a side business for a few years, so I like to stay on top of bank lending policies. Credit has never been so difficult to get. Business credit especially, forget it. It is almost impossible for small businesses to borrow money under any circumstance outside of a few hundred dollars.
dys
Re: Anecdotal economic field reports (Now Stickied)
Quote:
Originally Posted by
milehi
Tract houses are still being built in Socal. Yesterday, I drove past seven(ish) houses in various stages of framing. When I drove by they were rolling trusses. Next to that, they were grading lots and installing power poles for the next phase. This is right off the 210. The billboard said the prices were in the mid $300s for the spec homes.
Tract work has pretty much stopped up this way, but Apts are going up . A few are bulding spec houses, starting one tomorrow.
Re: Anecdotal economic field reports (Now Stickied)
dys, i run my business off credit cards, and i've gotten new ones recently. even a bloody amazon credit card, had to laugh when i received it as it's a bank of america card, they gave me a 5 grand limit without so much as a credit check. i'm guessing you work in more loans than credit, but that's the situation for me here in blighty, anyway.
Re: Anecdotal economic field reports (Now Stickied)
Quote:
Originally Posted by
uranian
dys, i run my business off credit cards, and i've gotten new ones recently. even a bloody amazon credit card, had to laugh when i received it as it's a bank of america card, they gave me a 5 grand limit without so much as a credit check. i'm guessing you work in more loans than credit, but that's the situation for me here in blighty, anyway.
But did you PG it (personal guaranty)? Word is that NONE of the banks do business credit cards without PGs now unless the company is medium or large. You probably have a PG on that credit card and you don't realize it. That means essentially that the credit card is a personal credit card, not a business credit card. The liability is joint and several, meaning the business and the person owe the money.
dys
edit: http://creditboards.com/forums/
check out the business credit section