According to a group of “ Retail analysis specialists” (people who track retail sales and store performance) say that late July and early August will see some of the biggest discounts across a wide sector of goods. Mostly due to high inventories of products. The “pandemic” buying sprees, selling out products across a number of categories, pushed retailers to over order a lot of products. Slow replenishments and distribution of these products has caused large inventories at warehouses and stores. Retail sales have started to be more in line with “pre-pandemic” levels, and the retailers need to sell product, both to recover investment and space for the next season’s products. September is usually the month when winter and holiday products start arriving at warehouse and distribution centers. If its full of spring/summer goods, they have problems.
Is starting a trucking career a good idea with the fuel prices?
Discussion in 'Questions From New Drivers' started by wildman82, Jun 12, 2022.
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Rideandrepair Thanks this.
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dunchues, sevenmph, Rideandrepair and 4 others Thank this.
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Rideandrepair Thanks this.
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I think the recessions already here. It may not be declared officially till October. 2 quarters of negative GDP. We’re already halfway into the official declaration. Home sales are already cooling off, prices will come down, due to higher interest rates. No telling what will happen, too many unknowns. Gas prices, Imports from China, Proxy WWIII. Zombie Apocalypse. Less hiring, stagnant wages. The Feds trying to hammer inflation down. I think it will depend on how everything meshes together. Might be a bad 6-9 mos. Might last 2-3 yrs. Some so called Experts are predicting up to 10 yrs. of Labor shortages. That may be the only thing that saves the middle class, through higher wages. Just my opinion, but if so many outside forces are causing inflation. I think workers wages should get a slice of the pie. Better than stagnant wages, and chasing inflation. Time will tell. What goes up, always come down. One way or another. I think it will slow down after July 4th. Till at least next May. I hope I’m wrong. It all boils down to average folks feeling the pain, in order to keep the system functional.
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