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They say the economy is turning around?
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Topic: They say the economy is turning around? (Read 434 times)
moviecritic202
phpBB IVR Guru
Posts: 479
They say the economy is turning around?
«
on:
September 19, 2009, 07:16:13 PM »
I've been reading reports where economists are saying that we are now in recovery, does anyone agree? I have slowly seen business bounce back the last month but feel it is just because summer vacation is over and some good titles are finally coming out. Although this week has been quite good for mid-September!
What does everyone else think?
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jerry24
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Posts: 32
Re: They say the economy is turning around?
«
Reply #1 on:
September 20, 2009, 12:14:11 AM »
Well, I actually think Blockbuster stock is now a buy.
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CHICAGOTOM
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Posts: 753
Re: They say the economy is turning around?
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Reply #2 on:
September 20, 2009, 09:06:38 AM »
Quote from: moviecritic202 on September 19, 2009, 07:16:13 PM
I have slowly seen business bounce back the last month but feel it is just because summer vacation is over and some good titles are finally coming out. Although this week has been quite good for mid-September!
What does everyone else think?
September will be our worst month in 10 years
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mcmarc
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Posts: 1,034
Re: They say the economy is turning around?
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Reply #3 on:
September 20, 2009, 10:02:26 AM »
Quote from: CHICAGOTOM on September 20, 2009, 09:06:38 AM
September will be our worst month in 10 years
Then I won't say how we're doing...
We all know how the economy works. They say we're doing better, but it will take a few more months until we see it.
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moviecritic202
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Posts: 479
Re: They say the economy is turning around?
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Reply #4 on:
September 20, 2009, 11:15:46 AM »
I have several customers in the housing business, building and selling, and they say that business has picked up quite a bit. Which of course I was glad to hear.
The last 2 months (July & August) have been rough, but certainly not the worst this store has weathered. July of 2006 almost closed us and that was the month I started at this store.
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twinvid
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Posts: 345
Re: They say the economy is turning around?
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Reply #5 on:
September 20, 2009, 12:58:48 PM »
Both July and August were record months for us. However we do have a good summer business because of all the people from Chicago with summer homes.
September is our slowest month of the year however we are running about 20% ahead of last year at this time.
The trades guys that I have talked to are not yet seeing and increase so far and with winter coming they are not expecting anyhing to really improve til spring. The other layoffs in manufacturing seem to have slowed down as I think most of the cuts have already been made.
A lot of my customers that have been looking for work say that there just isn't anything out there yet.
Bob
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