Economy and shopping in SD

[svelte]

By sheer coincidence on two different evenings, we ran into owners of two separate north county jewelry stores in the last month.

What was surprising is that they both told us the same thing, without us even asking. They said that sales of jewelry is way down, at the lowest level they have seen. But they are extremely busy with people bringing jewelry in to sell. They said last year and this winter, people were bringing in their unused jewelry, stuff they could live without. This summer, it is their best stuff, things that they would have to be desperate to sell.

Both jewelers had a slight look of panic in their eyes as they talked to us. I think they are truly afraid.

Perhaps we are seeing a severe bifurcation of the masses: those with jobs are continuing on as if there is nothing amiss (thus the full malls), while those who are without work or about to be without work have an entirely different view of the world (and they hawk their belongings to make ends meet).

[masayako]

People who lost their jobs fear for their future. They continue to visit the mall but only buy what they really need.

People who still have jobs, life continue as usual. Be a little bit more cautious and pay more attention to the surrounding area. Yes, that’s it. As long as the layoff don’t hit them, they usually are quite indifferent about the “big picture” economy.

Those living on the edge of “running out of cash”, they live off credit cards and HELOC. Yes, baby boomers still got HELOCs. As long as the government easy credit continues, things appear to be okay.

[masayako]

People who lost their jobs fear for their future. They continue to visit the mall but only buy what they really need.

People who still have jobs, life continue as usual. Be a little bit more cautious and pay more attention to the surrounding area. Yes, that’s it. As long as the layoff don’t hit them, they usually are quite indifferent about the “big picture” economy.

Those living on the edge of “running out of cash”, they live off credit cards and HELOC. Yes, baby boomers still got HELOCs. As long as the government easy credit continues, things appear to be okay.

[masayako]

People who lost their jobs fear for their future. They continue to visit the mall but only buy what they really need.

People who still have jobs, life continue as usual. Be a little bit more cautious and pay more attention to the surrounding area. Yes, that’s it. As long as the layoff don’t hit them, they usually are quite indifferent about the “big picture” economy.

Those living on the edge of “running out of cash”, they live off credit cards and HELOC. Yes, baby boomers still got HELOCs. As long as the government easy credit continues, things appear to be okay.

[masayako]

People who lost their jobs fear for their future. They continue to visit the mall but only buy what they really need.

People who still have jobs, life continue as usual. Be a little bit more cautious and pay more attention to the surrounding area. Yes, that’s it. As long as the layoff don’t hit them, they usually are quite indifferent about the “big picture” economy.

Those living on the edge of “running out of cash”, they live off credit cards and HELOC. Yes, baby boomers still got HELOCs. As long as the government easy credit continues, things appear to be okay.

[masayako]

People who lost their jobs fear for their future. They continue to visit the mall but only buy what they really need.

People who still have jobs, life continue as usual. Be a little bit more cautious and pay more attention to the surrounding area. Yes, that’s it. As long as the layoff don’t hit them, they usually are quite indifferent about the “big picture” economy.

Those living on the edge of “running out of cash”, they live off credit cards and HELOC. Yes, baby boomers still got HELOCs. As long as the government easy credit continues, things appear to be okay.

[CA renter]

[quote=svelte]By sheer coincidence on two different evenings, we ran into owners of two separate north county jewelry stores in the last month.

What was surprising is that they both told us the same thing, without us even asking. They said that sales of jewelry is way down, at the lowest level they have seen. But they are extremely busy with people bringing jewelry in to sell. They said last year and this winter, people were bringing in their unused jewelry, stuff they could live without. This summer, it is their best stuff, things that they would have to be desperate to sell.

Both jewelers had a slight look of panic in their eyes as they talked to us. I think they are truly afraid.

Perhaps we are seeing a severe bifurcation of the masses: those with jobs are continuing on as if there is nothing amiss (thus the full malls), while those who are without work or about to be without work have an entirely different view of the world (and they hawk their belongings to make ends meet).[/quote]

Thanks for this update, svelte.

From people we know in the sportfishing industry, things are very, very slow…and they are worried. During the good times, people would fish, no matter what the fishing conditions were. Now, they only fish if they hear reports about lots of fish. Some boats are barely getting out at all.

[CA renter]

[quote=svelte]By sheer coincidence on two different evenings, we ran into owners of two separate north county jewelry stores in the last month.

What was surprising is that they both told us the same thing, without us even asking. They said that sales of jewelry is way down, at the lowest level they have seen. But they are extremely busy with people bringing jewelry in to sell. They said last year and this winter, people were bringing in their unused jewelry, stuff they could live without. This summer, it is their best stuff, things that they would have to be desperate to sell.

Both jewelers had a slight look of panic in their eyes as they talked to us. I think they are truly afraid.

Perhaps we are seeing a severe bifurcation of the masses: those with jobs are continuing on as if there is nothing amiss (thus the full malls), while those who are without work or about to be without work have an entirely different view of the world (and they hawk their belongings to make ends meet).[/quote]

Thanks for this update, svelte.

From people we know in the sportfishing industry, things are very, very slow…and they are worried. During the good times, people would fish, no matter what the fishing conditions were. Now, they only fish if they hear reports about lots of fish. Some boats are barely getting out at all.

[CA renter]

[quote=svelte]By sheer coincidence on two different evenings, we ran into owners of two separate north county jewelry stores in the last month.

What was surprising is that they both told us the same thing, without us even asking. They said that sales of jewelry is way down, at the lowest level they have seen. But they are extremely busy with people bringing jewelry in to sell. They said last year and this winter, people were bringing in their unused jewelry, stuff they could live without. This summer, it is their best stuff, things that they would have to be desperate to sell.

Both jewelers had a slight look of panic in their eyes as they talked to us. I think they are truly afraid.

Perhaps we are seeing a severe bifurcation of the masses: those with jobs are continuing on as if there is nothing amiss (thus the full malls), while those who are without work or about to be without work have an entirely different view of the world (and they hawk their belongings to make ends meet).[/quote]

Thanks for this update, svelte.

From people we know in the sportfishing industry, things are very, very slow…and they are worried. During the good times, people would fish, no matter what the fishing conditions were. Now, they only fish if they hear reports about lots of fish. Some boats are barely getting out at all.

[CA renter]

[quote=svelte]By sheer coincidence on two different evenings, we ran into owners of two separate north county jewelry stores in the last month.

What was surprising is that they both told us the same thing, without us even asking. They said that sales of jewelry is way down, at the lowest level they have seen. But they are extremely busy with people bringing jewelry in to sell. They said last year and this winter, people were bringing in their unused jewelry, stuff they could live without. This summer, it is their best stuff, things that they would have to be desperate to sell.

Both jewelers had a slight look of panic in their eyes as they talked to us. I think they are truly afraid.

Perhaps we are seeing a severe bifurcation of the masses: those with jobs are continuing on as if there is nothing amiss (thus the full malls), while those who are without work or about to be without work have an entirely different view of the world (and they hawk their belongings to make ends meet).[/quote]

Thanks for this update, svelte.

From people we know in the sportfishing industry, things are very, very slow…and they are worried. During the good times, people would fish, no matter what the fishing conditions were. Now, they only fish if they hear reports about lots of fish. Some boats are barely getting out at all.

[CA renter]

[quote=svelte]By sheer coincidence on two different evenings, we ran into owners of two separate north county jewelry stores in the last month.

What was surprising is that they both told us the same thing, without us even asking. They said that sales of jewelry is way down, at the lowest level they have seen. But they are extremely busy with people bringing jewelry in to sell. They said last year and this winter, people were bringing in their unused jewelry, stuff they could live without. This summer, it is their best stuff, things that they would have to be desperate to sell.

Both jewelers had a slight look of panic in their eyes as they talked to us. I think they are truly afraid.

Perhaps we are seeing a severe bifurcation of the masses: those with jobs are continuing on as if there is nothing amiss (thus the full malls), while those who are without work or about to be without work have an entirely different view of the world (and they hawk their belongings to make ends meet).[/quote]

Thanks for this update, svelte.

From people we know in the sportfishing industry, things are very, very slow…and they are worried. During the good times, people would fish, no matter what the fishing conditions were. Now, they only fish if they hear reports about lots of fish. Some boats are barely getting out at all.

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