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Sat Nov 21, 2020, 04:25 PM

Bankers Survey Projects Drop in Holiday Retail Sales

OMAHA, Neb. (AP) ó More than half of bankers surveyed in rural parts of 10 Plains and Western states are projecting a drop in holiday retail sales this year from last year as the coronavirus pandemic worsens across the country. The Rural Mainstreet Survey's overall index fell to 46.8 in November from Octoberís 53.2. It's the first time since April that the index has fallen, but it remains well ahead of the 35.5 reading in March, when the index bottomed out as the outbreak began. Any score below 50 suggests a shrinking economy, while a score above 50 suggests a growing economy. Bankers from Colorado, Illinois, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, South Dakota and Wyoming were surveyed.


https://www.kbia.org/post/bankers-survey-projects-drop-holiday-retail-sales?_ga=2.24911546.1235430519.1605993810-1558381833.1605993809#stream/0

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Reply Bankers Survey Projects Drop in Holiday Retail Sales (Original post)
Sherman A1 Saturday OP
onecaliberal Saturday #1
Wellstone ruled Saturday #2
Warpy Saturday #3
DaniellePasley Yesterday #4

Response to Sherman A1 (Original post)

Sat Nov 21, 2020, 04:30 PM

1. Are they too stupid to see the food bank lines?

Have they not read of the millions who canít pay mortgage/rent?

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Response to Sherman A1 (Original post)

Sat Nov 21, 2020, 04:33 PM

2. Well,the only time Bankers

are not concerned about you or I is,NEVER. They live inside their own bubble.

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Response to Sherman A1 (Original post)

Sat Nov 21, 2020, 11:39 PM

3. Uh, yeah, too many people out there are shopping at the food pantry

and trying to avoid being evicted while stalling off the electric and gas companies.

Anybody who's expecting record high sales this year is selling to C level corporate execs and other rip off artists.

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Response to Sherman A1 (Original post)

Sun Nov 22, 2020, 11:26 AM

4. I don't like predictions

I donít know, I still think we need to wait until the end of the year, and not predict now. The situation is very unstable, so everything can change.

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