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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Sam Sara who wrote (81988)3/17/2001 8:16:31 PM
From: Ilaine  Read Replies (2) of 436258
 
Are you commuting in Maryland or Virginia? My husband commutes from Fairfax to Crystal City, and he says the commute gets worse all the time.

I pay attention to retail store parking lots. Just going by the ones I've been going to for years, there doesn't seem to be any drop-off in retail sales. Further, the $400-$500K McMansions being built a couple of blocks away are selling. We refinanced our house week before last and the loan officer told us that demand for mortgages has not dropped.

We had lunch today at an all you can eat buffet place in Fairfax. The shopping mall parking lot was fuller than I've ever seen it except around Christmas and the restaurant was jammed. One thing I noticed was that in the restaurant, there were maybe 25% Caucasians. The rest were almost all Asians, South Asians, Middle Easterners, Hispanics, and Africans, and I don't mean African-Americans. They looked prosperous to me, but I didn't see many who had a management type demeanor.

On the other hand, the last couple times I've been in Office Depot, they seemed empty. But Staples and Office Depot both added several new stores in the last few years and I think they built one or two too many.

So that's the economic report from my end of the Beltway.
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