General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsAnecdotal evidence of a recession or stagflation
I just went to one of my favorite stores to pick up a Christmas tree skirt and a few other small things. When I arrived I saw three, yes only three, other customers across two levels of the large store. Just a few more arrived as I was leaving. Im not much of an impulse buyer, but I walked around just hoping to be tempted by something to get for gifts or for me, to support the employees. I saw lots of seasonal things marked down (and its only Dec. 2), but unfortunately, nothing I really wanted to buy at the prices set.
This is prime shopping season, so I was really surprised. I know its only an N of 1, but its consistent with reports. I really believe we are in a recession, at least in this state or region.
malaise
(291,605 posts)Rec. rec. rec
spooky3
(38,174 posts)Meanwhile, one of the cats gave the skirt his Seal of Approval (he fell asleep on it).
malaise
(291,605 posts)Ran into a friend who spent Thanksgiving in the US. He could not believe the price increases
spooky3
(38,174 posts)And, this particular store sells wants rather than items that are needed. If people are feeling crunched, they are not going to splurge on $50 candies.
Tariffs have to be at least part of the reason for the high prices.