Wednesday, April 29, 2009

Economic Indicator

I asked the FedEx driver about business. 

Down 30% or more. 

Not improving yet.

This jibes with our current order book. We had a little rush of orders as customers absolutely run out of inventory, but we're pretty empty going forward.

I think any "feelgood" we are getting is coming from no major "bad news" in the papers and government money flowing into banks. "Hey, I am no longer in pain, simply numb now."

I thought GM's bankruptcy would be a big problem, but maybe the zombie-dance has its advantages, too. 

Probably not.

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