I owned three businesses... and one obama has already killed... one is on life support due to the oil spill... and one is suffering from the economic disaster that is the US Economy under o*ickhead. This story is nothing but lies built upon lies. Consumer outlook is at the lowest in recorded history... we are in a depression... and socialist Europe just told the marxist muslim kenyan to piss off. Yeah... skittles, rainbows and unicorns.
LLS
I was told today that the local Cummins plant (carburetors, IIRC) is working its employees overtime and has $1M in back-orders. Another manufacturer, about 30 miles away, is rehiring laid off employees.
And actually, last month we did have more income and did manage to sock away a tiny bit, rather than have to dip into savings, as has been the experience of the past 18 months.
I think any upturn/change is specific by local and sector. These things can be contagious, so your turn may be coming. It may be rolling, so one sector will do better for a few months, then fall back and another have a good couple of months. There is obviously limited capital and discretionary income out there.
I was out shopping with a friend on Saturday and everywhere was quiet as a tomb. That includes bargain venues like Aldi’s, Sam's and the Lutheran resale shop. We did Wendy's for lunch and it was about 2/3 full at 12:30 on a Saturday.
We have been taking things week-by-week and don't trust it, but we are grateful for the respite.