New reports for our tourism shows
Domestic tourism down approximately 6%
International tourism down approximately 3.5%*
Construction jobs were way down. Something like 7000 lost over last year, 4000 in Aug. I assume much is residential new home. Lots of big projects going on downtown but housing seems to have slowed.
In my small town I notice that retail activity is tied closely to the arrival of government pension payments and EBT refills. During last 5 days of any month I see few shoppers at my four local grocery stores. Even ALDI, known for budget friendly prices, can be surprisingly devoid of shoppers.
During 2025 I have noticed some surprisingly competitive sealed bid results for my municipal clients implementing Federally funded infrastructure projects. This is happening despite the prevailing assumption that BABA (Build America Buy America) Compliance would drive up prices.
A local foundry recycling scrap has seemingly doubled its facility in the last year and displays a "Help Wanted" sign - perhaps to satisfy contractor demand for US sourced iron and steel products.
@batumi said:
Word is that diving boards will soon be installed on the Wall St. hi-rises.
I like your icon. It kindda sums up human life; giving everything the old college try wearing a monocled wink;.
When they stop being the source of all profits people will go back to looking for value. This could result in more erosion than just simple swan dives.
A lot of value investors have told me they just want to preserve assets at this point rather than chasing the next big thing.
The economy is on the brink of salvation itself. Between fusion power and AI most silver dimes might have a premium on their $4000 melt value in twenty years.
Comments
New reports for our tourism shows
Domestic tourism down approximately 6%
International tourism down approximately 3.5%*
Construction jobs were way down. Something like 7000 lost over last year, 4000 in Aug. I assume much is residential new home. Lots of big projects going on downtown but housing seems to have slowed.
“*added the international amount”
My Ebay Store
In my small town I notice that retail activity is tied closely to the arrival of government pension payments and EBT refills. During last 5 days of any month I see few shoppers at my four local grocery stores. Even ALDI, known for budget friendly prices, can be surprisingly devoid of shoppers.
https://www.pcgs.com/setregistry/gold/liberty-head-2-1-gold-major-sets/liberty-head-2-1-gold-basic-set-circulation-strikes-1840-1907-cac/alltimeset/268163
During 2025 I have noticed some surprisingly competitive sealed bid results for my municipal clients implementing Federally funded infrastructure projects. This is happening despite the prevailing assumption that BABA (Build America Buy America) Compliance would drive up prices.
A local foundry recycling scrap has seemingly doubled its facility in the last year and displays a "Help Wanted" sign - perhaps to satisfy contractor demand for US sourced iron and steel products.
https://www.pcgs.com/setregistry/gold/liberty-head-2-1-gold-major-sets/liberty-head-2-1-gold-basic-set-circulation-strikes-1840-1907-cac/alltimeset/268163
Word is that diving boards will soon be installed on the Wall St. hi-rises.
I like your icon. It kindda sums up human life; giving everything the old college try wearing a monocled wink;.
When they stop being the source of all profits people will go back to looking for value. This could result in more erosion than just simple swan dives.
A lot of value investors have told me they just want to preserve assets at this point rather than chasing the next big thing.
The economy is on the brink of salvation itself. Between fusion power and AI most silver dimes might have a premium on their $4000 melt value in twenty years.