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How is the Economy in Your Area

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I would like to know your opinions on the U. S. Economy and how your local areas are doing. I am in a city of approximately 25,000 people in South Eastern Iowa and our economy is poor in good times. About 60% of the population here is retired or on public assistance. Business has always been good at my shop until August of this year.

I run a small specialty gun shop and have seen a major drop in sales, both locally and on the Internet, since the middle of August. The hunting season has not caused much improvement. It seems most of the businesses in this part of the country, both large and small, are experiencing similar drops in sales.

Opinions please.
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Comments

40 comments

Date Votes
  • Permanently deleted user
    Unemployment rate around Hoover Birmingham area 4th lowest in the U.S.
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  • Captplaid
    The national unemployment rate is 4.7%.

    The economy is not that bad. It used to be said that any unemployment below 5.4% is bad. It would cause inflations as employers are forced to bid artificially high for labor.

    The plus side for the weak dollar is manufacturing jobs has as source of protection. Imports cost more. This is good for industries like steel.
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  • Captplaid
    America has an opportunity to expand our manufacturing base.
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  • Permanently deleted user
    Economy in USA is great, they lowered the interest rates again, dollar is weaker than it has been for a long time. I just read in the news that USA was the most competetive country in the world.
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  • Sav99
    Mid Michigan... need I say more. [xx(][xx(]
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  • redhead71
    In Northern Minnesota the damn snow birds are starting to leave!! and the rest all suck! no jobs high taxes aka the usual
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  • Rockatansky
    quote:Originally posted by spanielsells
    "Experts" are already stating that the housing market will be turning very soon for this region.


    These experts should be flogged for their rotten expertise.
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  • SCorvers
    quote:Originally posted by sav99
    Mid Michigan... need I say more. [xx(][xx(]


    Isn't that a quasi socialist/commie state?[:o)]
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  • tobefree
    every other house has a For Sale sign on it!!!
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  • buschmaster
    I'm in st. louis. I met a lot of people while trying to get my first job here. I asked 32 people, "do you like it here? all but 2 said no. (anywhere from 'not really' to 'I've seen better' to 'hell no')I asked them what they think of the job situation. they all said it sucked.
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