How are things out there in the 'real' economy?
How are things out there in the 'real' economy?
Author
Discussion

MaxAndRuby

Original Poster:

6,792 posts

261 months

Thursday 9th October 2008
quotequote all
Hate to use the term, but you know what I mean.

In automotive IT, trade is down, but people are still spending money and we're getting new business.

Kozy

3,169 posts

247 months

Thursday 9th October 2008
quotequote all
Things are looking peachy where I am in heavy engineering.

schmalex

13,616 posts

235 months

Thursday 9th October 2008
quotequote all
Carrier Networks was great until end of Q3. Q4 is going to be quite a bit tougher though. There is still business out there, but you have to be a lot more creative to get the business cases pushed through.

I dread to think what Q1 / Q2 are going to look like

Edited by schmalex on Thursday 9th October 22:53

Monki

1,233 posts

220 months

Thursday 9th October 2008
quotequote all
Toolmaking is on the up, but this always happens when the rest of the country is in the st.

I think a lot is down to manufacturing having to adjust before the rest of the different jobs sectors and so they are prepared and already used to working in tight conditions.

Adenauer

18,982 posts

265 months

Thursday 9th October 2008
quotequote all
Very quiet in the plastic packaging industry but the orders are still coming in.

I think it might be a generation thing but I worry when the phone isn't ringing, but then people tell me the most of the business is done via email so I shouldn't be worrying.

chris watton

22,547 posts

289 months

Thursday 9th October 2008
quotequote all
Well, my wife's website is still selling a lot (hobby website) - the ONLY country she has seen a decline in orders is the UK!

kambites

71,419 posts

250 months

Thursday 9th October 2008
quotequote all
We're seeing higher sales figures than projected before the slump, both in the UK and the US.

ihatesissycars

951 posts

231 months

Thursday 9th October 2008
quotequote all
The chain of dealerships I work for were doing ok up until last month. All but one of the departments were under budget last month.

A friend that owns two cycle shops though has said business is rocketing. He's been taking twice what he did last year as each month goes by. I'm guessing alot more people are ditching their cars for bikes to maybe save money.


MaxAndRuby

Original Poster:

6,792 posts

261 months

Thursday 9th October 2008
quotequote all
anonymous said:
[redacted]
A mate of mine is a manager at a big Morrisons, he says no change.

aciddrop616

1,981 posts

222 months

Thursday 9th October 2008
quotequote all
holfords is being affected quite a bit,
weve lost 3-4 fulltimers, and they wont employ 3-4 more full timers, just up to 10 part timers as its cheaper.

and theyve not done that, theyve taken on 3 new people. on part time. so they are saving maybe 15-20k a year (our store is any way) though not rehiring the staff we desperately need.

thom

_Batty_

12,268 posts

279 months

Thursday 9th October 2008
quotequote all
Construction is up the stter hehe
just incase you where wondering smile

sprinter885

11,550 posts

256 months

Thursday 9th October 2008
quotequote all
Heard on the radio that a (motor)bike shop in Geordie land was doing well-probably more people taking to 2 wheels to cut travel costs.
For me I have a bed shop & footfall is very much lower but those coming in are spending & overall takings not too bad. A couple of bed manufacturers are struggling & 2 practically stopped trading in last couple of weeks.

Raffles

1,931 posts

259 months

Thursday 9th October 2008
quotequote all
I'm drilling for oil in the North Sea - we're busy just now.

sprinter885

11,550 posts

256 months

Thursday 9th October 2008
quotequote all
So.. you finding any then Raffles ??

The Londoner

3,964 posts

267 months

Thursday 9th October 2008
quotequote all
My business relies on other businesses needing new premises, whether larger or smaller. Have not yet seen any evidence of businesses downsizing to smaller premises but a lot of businesses are sitting on their hands for at least the next 12 months to see which way the wind is blowing. Which doesn't help.

richardxjr

7,561 posts

239 months

Thursday 9th October 2008
quotequote all
Print (barometer industry) Made provision last Nov for a forecasted 20% drop in sales.

YTD is -15%

Good summer for us. April & May were our worst months. Autumn holding up OK.

Not seeing as much insolvency in the trade as I expected.

Yet.





dan1981

18,092 posts

228 months

Thursday 9th October 2008
quotequote all
Used car supermarket - wide spread redundancies. left right and centre.

Raffles

1,931 posts

259 months

Thursday 9th October 2008
quotequote all
sprinter885 said:
So.. you finding any then Raffles ??
Right now we are sitting above a substantial reservoir but it is proving a challenge to get the damn stuff out.

Still lots and lots out here.

johnfm

13,751 posts

279 months

Thursday 9th October 2008
quotequote all
MaxAndRuby said:
Hate to use the term, but you know what I mean.

In automotive IT, trade is down, but people are still spending money and we're getting new business.
What is automotive IT?

DOOG

1,905 posts

275 months

Thursday 9th October 2008
quotequote all
MaxAndRuby said:
anonymous said:
[redacted]
A mate of mine is a manager at a big Morrisons, he says no change.
Costco posted a decent set of figs yesterday...

Wal-Mart sales up..

http://www.progressivegrocer.com/progressivegrocer...


The lower end of the market seems to be doing ok, as youd expect.. More people are watching their grocery spend..