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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: yard_man who wrote (191860)9/13/2002 12:13:26 PM
From: benwood  Read Replies (1) of 436258
 
They are saying that it was up 5.2% compared with last August, so the seasonality question appears to be negative on a relative basis. They certainly have plenty of spinning they can do given the adjustments they can make.

census.gov

This increase doesn't really surprise me because I've been seeing ads in the paper for big ticket items -- furniture, stereo gear, etc., with no interest and no payments for 18 months or more. I'm sure that consumers, who've demonstrated the same reckless behavior as corporations and government (surprise!), figure if the worst happens, they'll just declare bankruptcy and let the creditors come for the used merchandise, if they can find it after all that time.
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