Comments on: Local recession indicators http://www.christopherspenn.com/2009/06/02/local-recession-indicators/ Tue, 16 Mar 2010 10:20:37 -0700 http://wordpress.org/?v=2.9.2 hourly 1 By: The only green shoots are the ones you’re smoking http://www.christopherspenn.com/2009/06/02/local-recession-indicators/comment-page-1/#comment-5020 The only green shoots are the ones you’re smoking Thu, 09 Jul 2009 12:48:01 +0000 http://www.christopherspenn.com/?p=895#comment-5020 [...] If you’ve been getting by, keep doing what you’ve been doing, only moreso. Thrift is the new black. Keep watching the fridge and the toilet paper. [...] [...] If you’ve been getting by, keep doing what you’ve been doing, only moreso. Thrift is the new black. Keep watching the fridge and the toilet paper. [...]

]]> By: beckymccray http://www.christopherspenn.com/2009/06/02/local-recession-indicators/comment-page-1/#comment-4422 beckymccray Sun, 07 Jun 2009 19:03:17 +0000 http://www.christopherspenn.com/?p=895#comment-4422 For the local business confidence, I count my local help wanted ads. <br><br>For consumer confidence, I watch my store sales. I've seen people moving back up to slightly higher priced items. (I'm calling it the Crown Royal Reserve Index.) <br><br>I heard about a construction contractor who would check the prices for used bulldozers to check the local economy. I think everyone can find some metric that is trackable, reasonably accurate, and hyperlocal. For the local business confidence, I count my local help wanted ads.

For consumer confidence, I watch my store sales. I've seen people moving back up to slightly higher priced items. (I'm calling it the Crown Royal Reserve Index.)

I heard about a construction contractor who would check the prices for used bulldozers to check the local economy. I think everyone can find some metric that is trackable, reasonably accurate, and hyperlocal.

]]> By: beckymccray http://www.christopherspenn.com/2009/06/02/local-recession-indicators/comment-page-1/#comment-5075 beckymccray Sun, 07 Jun 2009 19:03:17 +0000 http://www.christopherspenn.com/?p=895#comment-5075 For the local business confidence, I count my local help wanted ads. <br><br>For consumer confidence, I watch my store sales. I've seen people moving back up to slightly higher priced items. (I'm calling it the Crown Royal Reserve Index.) <br><br>I heard about a construction contractor who would check the prices for used bulldozers to check the local economy. I think everyone can find some metric that is trackable, reasonably accurate, and hyperlocal. For the local business confidence, I count my local help wanted ads.

For consumer confidence, I watch my store sales. I've seen people moving back up to slightly higher priced items. (I'm calling it the Crown Royal Reserve Index.)

I heard about a construction contractor who would check the prices for used bulldozers to check the local economy. I think everyone can find some metric that is trackable, reasonably accurate, and hyperlocal.

]]> By: jlbraaten http://www.christopherspenn.com/2009/06/02/local-recession-indicators/comment-page-1/#comment-4409 jlbraaten Tue, 02 Jun 2009 18:10:54 +0000 http://www.christopherspenn.com/?p=895#comment-4409 As an economist-turned-internet-marketer, I'd say you're dead-on, Chris. You basically just listed what economists refer to as "inferior goods." That is, consumption goes up when incomes go down. PB & Js, Mac & Cheese, 1-ply toilet paper. All of these things are in high demand during times like these. <br><br>Looking forward to seeing more of your lectures during my USF intermediate course that just started up. <br>@jlbraaten As an economist-turned-internet-marketer, I'd say you're dead-on, Chris. You basically just listed what economists refer to as “inferior goods.” That is, consumption goes up when incomes go down. PB & Js, Mac & Cheese, 1-ply toilet paper. All of these things are in high demand during times like these.

Looking forward to seeing more of your lectures during my USF intermediate course that just started up.
@jlbraaten

]]> By: jlbraaten http://www.christopherspenn.com/2009/06/02/local-recession-indicators/comment-page-1/#comment-5074 jlbraaten Tue, 02 Jun 2009 18:10:54 +0000 http://www.christopherspenn.com/?p=895#comment-5074 As an economist-turned-internet-marketer, I'd say you're dead-on, Chris. You basically just listed what economists refer to as "inferior goods." That is, consumption goes up when incomes go down. PB & Js, Mac & Cheese, 1-ply toilet paper. All of these things are in high demand during times like these. <br><br>Looking forward to seeing more of your lectures during my USF intermediate course that just started up. <br>@jlbraaten As an economist-turned-internet-marketer, I'd say you're dead-on, Chris. You basically just listed what economists refer to as “inferior goods.” That is, consumption goes up when incomes go down. PB & Js, Mac & Cheese, 1-ply toilet paper. All of these things are in high demand during times like these.

Looking forward to seeing more of your lectures during my USF intermediate course that just started up.
@jlbraaten

]]> By: Rick Wolff http://www.christopherspenn.com/2009/06/02/local-recession-indicators/comment-page-1/#comment-4405 Rick Wolff Tue, 02 Jun 2009 10:22:21 +0000 http://www.christopherspenn.com/?p=895#comment-4405 Sometimes, the smugglers of supplies are in cahoots with employees, because the cleaning service is staffed by victims of your last round of layoffs. Sometimes, the smugglers of supplies are in cahoots with employees, because the cleaning service is staffed by victims of your last round of layoffs.

]]> By: Rick Wolff http://www.christopherspenn.com/2009/06/02/local-recession-indicators/comment-page-1/#comment-5073 Rick Wolff Tue, 02 Jun 2009 10:22:21 +0000 http://www.christopherspenn.com/?p=895#comment-5073 Sometimes, the smugglers of supplies are in cahoots with employees, because the cleaning service is staffed by victims of your last round of layoffs. Sometimes, the smugglers of supplies are in cahoots with employees, because the cleaning service is staffed by victims of your last round of layoffs.

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