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13 Comments on I Heard a Funny Rumor That The Economy is Bad
Belinda, This is a good news story. You should submit it to the Activerain "Good News is Good for Business" contest.
Hi Belinda, Seeing people shop does make for good news when all we hear is Gloom. Thanks
Well, my personal economy is doing pretty well. But we see many of our tenants struggling to pay the rent and make ends meet. Things vary wildly from group to group, and those who are doing well need to have some compassion for those who aren't.
Belinda, I was driving South on I-25 Saturday and there was a traffic jam at the new IKEA store, shopping was UP!
Belinda,
The recovery is actually underway. I think today's stock market is a final bottoming out before the upward drive.
Brian
Belinda
I remember right after 9/11 when no one was shopping, no one was dining out. So many people lost their jobs and a lot of businesses closed. So the merchants BEGGED that we go out and shop and spend again to bring the economy back to normal.
So yes...shopping and spending is a way to stimulate the economy as long as we have the money to pay for it.
Keep on shopping, America!
Hi Belinda, that is great to hear and to see. I am seeing the same thing at restaurants and etc. People are out and about and spending their money. Have a great evening.
Just remember that, like real estate, all economies are local. Don’t buy into the big picture.
Belinda, Those Apple stores are always jammed. Seems like everyone NEEDS the newest, latest and greatest best gadget available. We always find it amazing the crowds in that store!
So glad you are seeing signs of a strengthening econamy. Let's hope it's contagious!
It’s only the rich people who can afford to shop at an Apple store. For them the economy’s not bad. It’s the middle class that is having problems.
That's an interesting experience you had but maybe because it was the apple store, like #9 said.
Maybe it was all of those people who cashed in their stock;) HA!
It's always great to see signs of a good economy and the mall is the perfect place!