Saturday, May 9, 2009

Priced to Move.

One of the side effects of the current economic slump seems to be price slashes in some consumer goods areas. Today, I noticed that garden plants were slightly less expensive than last year at this time. My daughter noticed that more and more food establishments are offering things like the 99 cent breakfast sandwich or the $2.99 sub. Cut flowers for Mother's Day were priced better than last year. Some of the discount stores appear to be marking items down to the bottom dollar. Take a look at new car prices this week. Hopefully, products will start moving, generating replenishment orders which will wake up distribution centers, shipping companies, manufacturers and so on. All the fancy talk about stimulus plans is not needed. We must simply get the flow of goods moving again which will then lead to a huge reduction in jobless rates.

No comments: