Header image link

Wednesday, October 5, 2011

An Interesting Comment....

One of my friends fowarded this email comment to me from one of his friends.

It is very interesting to see what is going on out there....




Here is what it said:

Just a little tidbit of information from the front lines...

I manage a company that manufactures material for new construction and home renovation in the Chicagoland area. Fairly big ticket items. As new construction dried up, we have primarily focused on remodeling. This has become more challenging as financing has been harder to come by over the past couple of years and "stimulus" dollars have dried up after 2010. Had a meeting with some of our best dealers this week. Several said that their best prospects right now are retired government employees. They are the only people with any confidence in their future incomes. There was a time when people on pensions were the thriftiest. The distortions caused by current policies are very interesting.

No comments:

Post a Comment

Leave us a comment if you like...