Tag Archives: economic indicators

A Worrisome Economic Indicator

23 Dec

My local Home Depot and Lowes are sold out of green and red outdoor spotlights. As an economic indicator, what does this mean?

  1. Times are getting better and people are buying more green and red spotlights than last year at Christmas.
  2. There are supply chain problems abroad with green and red spotlights.
  3. Home Depot and Lowes, as large as they are, are not sophisticated enough to properly stock a seasonal product in high demand.

I sense the answer is “c,” a small yet worrisome indication that in the larger picture we are doing poorly at trying to extract ourselves from the current financial doldrums.

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