I have noticed in the last several months all business have come to screeching halt,
Of course our oil and gas business is the hardest hit, with world oil prices all but collapsing,
I have noticed several other business that i have a interest in have also been effected, we are in the middle of America, how about you guys on the right coast and left coast, have you seen any of the business you are involved in hurting, ? people being laid off,
I have seen very little activity on ebay thinking that people would be selling there great stuff, other than the Girard Chair for 2100 nothing else has looked good at all. and no great deals at all.
My buddie that owns a cool store, with vintage modern furniture has not sold hardly a thing and we are both not going to Palm Springs this weekend for the modern show, something that was a lot of fun last year as prices were high and the only thing i ended up with were two Nelson Howard miller clocks,
East coast area: N.Y./Hudson Co. N.J.
The construction industry has slowed down. For some it's come to a standstill. Large size & mid size architecture firms have laid off 30-50% of their workforce.
Smaller firms have folded up or integrated w/ other small offices. The private & commercial sector has been hit hardest. Federal & state work are more competitive. Diversified firms will survive. The stimulus will help but the impact is expected in 12-18" months.
Which is why
Which is why we all should buy expensive, locally made (if possible) furniture.
If you've been holding off on that Barcelona daybed, or on that pair of matched leather Womb chairs - NOW is the time!
What better way to lift the economy out of the mud than with the sheer force of the American public's need to buy things?
Over the other side of the po...
Over the other side of the pond has been hit very hard, countless companies going under, about 50 pubs going out of business a week, highest unemployment rate for 10 years etc etc. However, many modern dealers are doing very well, I had my best month in 3 years last month. Maybe people are buying up as an investment - Currently get around 1% interest in savings so it's maybe better to invest your money in (the right) design.
As long as they pay well...
As long as they pay well enough to put food on the table at egregiously inflated prices. I don't see anything stimulating about a bill that's 60% government expansion and spending. Seems downright dishonest to portray it as a stimulus bill. But what do I know?
EDIT: And yes, this is a nation of consumers. And yes, that is not sustainable. But the problem of our continued progression toward consumerism is a direct result of production decreasing. And why is that? We(or should I say they, our government) hold our own companies to standards far above import companies through regulation and mandates.
It'll be interesting to see
if Knoll, Cassina, Fritz Hansen, Louis Paulsen, Artemide, Herman Miller, Kartel, Artfort and other higher end quality furniture and lighting companies will drop their prices in light of the lousy economy.
I read that Knoll was raising their prices.....they're asking for it, aren't they?
I like American vehicles. I...
I like American vehicles. I like foreign vehicles. I like foreign vehicles produced in America. Citing the auto industry doesn't address the mass exodus of businesses across the board due to government feeling they should have a piece of and say in everything.
sorry all.... the ...
sorry all....
the American Independent oil and gas industry which tries to sell 40 percent of all oil to America has all but collapsed.
You may read and say what do i care? , well when my industry looses 1 million workers oilfield workers they are not coming back so soon.
we get no bail out program, and in the end, you people will have higher oil prices, shoved down your throat,
This is not a major oil company hoak, this is a real problem, with nations not wanting to buy oil cause of no manufacturing, and US oil industry shutting
down. with little need for oil consumption,
It may be a short term problem for me and my company but the consequences will be felt by all people, once things get jump started.
Our country needs a Energy program, I cant see Obama doing much at this time with his plate loaded with bank bailouts and car bailouts, , I think he will support the Energy Industry when it comes back to $90 a barrel and every one is whining that gas is to high, and then the blame shifts to the Exxon profits ( by the way, Exxon does pay over 60% of all net profits to tax and is the single largest contributor to our Nations treasury.) when the real problems of Energy business could be fixed right now. kinda sad cause most folks are not informed. and love to blame the oil companies. when others are to blame.
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