My local Home Depot and Lowes are sold out of green and red outdoor spotlights. As an economic indicator, what does this mean?
- Times are getting better and people are buying more green and red spotlights than last year at Christmas.
- There are supply chain problems abroad with green and red spotlights.
- 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.