Consider (Consumer Sales) better in 2006 than it was in 2005?
Are people buying more this year than last year?
2006-09-20 04:56:23 · 4 answers · asked by World of Controversy 2 in Business & Finance ➔ Other - Business & Finance
I mean this year my job as a sales clerk, I made more last year than this year...and get this, I work at a Pawn Shop!
I was averaging 8000$ a month in 05, and this year I can barely Pull 6000$. What gives ??
2006-09-20 07:01:46 · update #1
Consumer sales is only one indicator and is easily skewed, consider the effect of a disaster like Katrina Hurricane on Consumer sales which includes building materials as well as housewares. Consider the net job gains, inflation against wages, trade balances, deficits etc also. Then look at what kinds of averages you are given, if they are medians, means or what? Figure don't lie but liars certainly figure and almost any number can be used to prove at least two opposing interpretations. How many people are living in poverty in USA and how has that number changed. what is the net value of earnings, and the net value of debt. then look for who has the earnings and who has the debt. The USA economy is in serious trouble.
Remember that the period just before the depression saw the greatest rise in corporate profits ever and also the largest job losses up until then ever, but the rich were doing very well, and there were more millionaires made in the thirties than at any other time until now.
2006-09-20 05:05:45 · answer #1 · answered by Anonymous · 1⤊ 0⤋
Bush and his crew of mental light weights has been managing it like bunch of drunken sailor. With all the tax cuts and massive defense spending it just seem to be holding on. It's frightening to think what will happen when realty hits. He is cooking the books on all statics, they even changed definition of money supply. The next growth industry maybe teaching people language spoken by most in China.
2006-09-20 12:15:05 · answer #2 · answered by Mister2-15-2 7 · 0⤊ 0⤋
its not doing too well
median wage is down for the last 4 years,
wages overall are down against inflation,
percentage of people in poverty is up
housing market is going down, prices are flat or decreasing in some areas
2006-09-20 12:06:51 · answer #3 · answered by Kutekymmee 6 · 0⤊ 0⤋
yes
2006-09-20 11:59:29 · answer #4 · answered by Anonymous · 0⤊ 0⤋