The economy is bad.
My economy is pretty darn good.[/quote]
For every client I have that is “pretty darn good” I have at least two who are pretty darn not good.
One individual does not a whole make.
Where one draws the boundaries is important when discussing the “health of the economy”. There really is no such thing as “the economy” but rather billions of individual interacting economies.
Government statistics aside, for every two of your three clients you say “are pretty darn not good” but you must admit that even those not doing so well have differing economic circumstances, no?[/quote]
Absolutely. I agree with both your points. But if we were to discuss it in those terms… Not sure where the thread would go.
I have clients in same industries that are on the opposite sides of the coin. Dude who brokers rentals is making a killing, while a woman doing the same but in sales is starving.
I would say that construction is pretty stagnant just about everywhere in Mass. Even the muni and state work is drying up soon. A lot of the construction guys going under now are people that fought to stay alive through 2009 and time just caught up with them.
Home renovation isn’t great, but seems to be picking up, just slow as fuck. With the rash of refi’s looks like some people have a bit more $ to put in their homes. But with the stock market wavering and people’s 401k’s moving up and down with it, who knows if they will continue to spend.
One thing that seems to be consistent with everyone is the general sense of panic seems to either have faded or they hide it better. A 250 point drop in the DOW doesn’t send people into a total tail spin anymore.