Economic Outlook: November 2008 Archives

So, my earlier post this week about looking forward to traveling on Thanksgiving day was a little misinformed. I had perceived traffic would be light. Not the case.

I see a lot of turmoil out there nowadays, from car dealers shutting their doors to retailers sinking into bankruptcy.

So I don't know how much I buy at first of this "York County is not on an American coast, we are the American heartland and financially conservative, so we'll be doing OK" idea.

But then again, why else would the Dakotas end up being the strongest economies in the face of this crisis? I read two reports this morning, one on cities where unemployment is low, and one on where people didn't cut back on driving this year.

Turns out, South Dakota has the two best cities for unemployment, with North Dakota having a strong showing. And North Dakota was the one state where driving didn't dip during the peak middle months of 2008.

It's nice not to smell like smoke.
Ever since the state banned smoking in restaurants/other businesses I have been pleasantly missing something when I arrive home after a night out: I don't smell like smoke.
And the next day, I don't feel yucky from what I now know is a "smoke hangover."
I didn't really notice it until a couple weekends ago when I was staying at the Loews Philadelphia Hotel. After having dinner and drinks at the hotel's nightclub one night, I noticed that the next day my clothes didn't smell like smoke. Same for my hair.
It's a nice change.

The Sunday after Halloween, my wife and I were driving near Target in West Manchester Township. What a traffic nightmare! Cars were everywhere, trying to make the turn into the shopping centers in the area.

I couldn't believe it. Was this the new Black Friday?

I haven't really see the crowds since - and I live nearby and drive through there a good bit. Has the peak of the shopping season past us? And regardless, who started shopping so darn early this year?

I think it was people doing their shopping before things got worse, when they'd be able to talk themselves out of getting gifts for people, or really wouldn't have the money for it. But I could be crazy, too.

What do you think?

Our staff writers share their thoughts on the bailout plan. Take a listen.

I get really jealous whenever anyone has cheaper gas than me. I wasn't having too much of a problem with it earlier this year because York County definitely seem to have some of the cheapest prices around.

Now it seems we have some of the highest (at least in my little realm of reality). My friends in Maryland are telling me how they're filling up for less than $2.

To make myself feel better I hopped over to inyork.com/drive to look at the map provided by Gas Buddy of station prices. It made me feel a little better to see we still have cheaper gas than lots of places in Lancaster County. And we have cheaper gas than my little brother in Philly.

I recommend checking out the map. It's interesting to see where York County falls in the spectrum of gas prices.

Citigroup is one of the biggest banks standing after the last round of failures around the industry, and today it said it won't be foreclosing on people who want to stay in their homes.

How would you feel if you saved all your money and bought nothing you wanted just so you could pay your mortgage, and your neighbor parked a big boat in the driveway and put in a pool, then told Citigroup he was out of money and couldn't pay ... and they let him off the hook for a while?

I bet more people will go out and get a boat and a pool. Is this a message financial institutions should be sending?

OK, I love the show, and so do so many other people. But really? Seth MacFarlane, the creator and the voices of many characters of "Family Guy" got a $100 million deal with Fox.

But then I realized how much that is worth. With trying to save money by not going out to eat, or not driving to Harrisburg or Baltimore so much because of gas prices (recent trends notwithstanding), I don't know what my wife and I would do without the endless reruns of "Family Guy" that find their way to PHL 17, Cartoon Network and most notably TBS.

Thank you, Fox, for spending your money wisely.

If so, big advertisers are trying to target you.

I think it's nice that there is a growing demand for practical ways to drag in customers instead of just trying to attract people to sparkle and shine.

So if you are clipping coupons, what are you looking to buy with them? And what tactics can still get you to buy products considering the bleak outlook?