Comments on: Is a Recession Looming?

By: Gary Woodward

Gary Woodward — Wed, 20 Apr 2022 22:40:26 +0000

demand destruction (gas or food or housing or car electronics)due to inflationary pressures ie 25 gallons of gas at $6 per leaves little money to buy into wants and not needs much less a $6 loaf of wonder bread.

just my 2
cents

By: GDUB

GDUB — Wed, 20 Apr 2022 20:23:47 +0000

Recessions loom then escalate into being when the media starts using the word recession.

By: Ed

Ed — Wed, 20 Apr 2022 17:03:55 +0000

One thing I have noticed over the years (35+) is the industry being so dependent on Government spending. Lots of spring and early summer spending on products we sell is driven on Tax Return refunds. The recent bump in sales overall in the last two years was totally driven by COVID relief money. With our new normal of Inflation and supply issues I suspect sales going forward will be decreasing not increasing.

By: Paul Papadeas

Paul Papadeas — Wed, 20 Apr 2022 16:12:47 +0000

In its 44 years, Soundcrafters has survived a couple (if not a few) recessions of the past. After the first, recognizing the second in its infant stages, I recall the words of wisdom and confidence that a great colleague of mine, Hugh Whiteman of Denver based quality car audio who said, and it rings in my mind…. “Someone indicated that there was a recession; we choose not to participate”

By: david thompson

david thompson — Wed, 20 Apr 2022 15:57:38 +0000

Looming?

By: Ray Windsor

Ray Windsor — Wed, 20 Apr 2022 15:33:17 +0000

Absent some serious global or regional disaster (covid for instance) the real cause for economic instability is un-certainty on the part of policies that impact the economy, i.e., “will I have a job tomorrow…?”. I perceive if we can get the policy makers and enforcers (government) to be a little more predictable the chances of recession might be mitigated to large degree. I suppose however the chances of such policy maker/enforcer predictability might not be too good…