# đź’° US economy chat ... econochat! **URL:** \ **Category:** E-commerce Business Management\ **Created:** [July 16, 2024, 7:10pm UTC](https://sellersasksellers.com/t/us-economy-chat-econochat/4367 "2024-07-16T19:10:12Z")\ **Posts on this page:** 20\ **Page:** 9
**Author:** ![papy](https://sellersasksellers.com/user_avatar/sellersasksellers.com/papy/32/7639_2.png) [@papy](https://sellersasksellers.com/u/papy)\ **Post date:** [April 23, 2025, 8:26pm UTC](https://sellersasksellers.com/t/us-economy-chat-econochat/4367/170 "2025-04-23T20:26:22Z")
[April 2025 Beige Book](https://www.federalreserve.gov/monetarypolicy/beigebook202504-summary.htm) came out today: > [@](#): > > ### _National Summary_ > > #### _Overall Economic Activity_ > > _Economic activity was little changed since the previous report, but uncertainty around international trade policy was pervasive across reports. Just five Districts saw slight growth, three Districts noted activity was relatively unchanged, and the remaining four Districts reported slight to modest declines. Non-auto consumer spending was lower overall; however, most Districts saw moderate to robust sales of vehicles and of some nondurables, generally attributed to a rush to purchase ahead of tariff-related price increases. Both leisure and business travel were down, on balance, and several Districts noted a decline in international visitors. Home sales rose somewhat, and many Districts continued to note low inventory levels. Commercial real estate (CRE) activity expanded slightly as multifamily propped up the industrial and office sectors. Loan demand was flat to modestly higher, on net. Several Districts saw a deterioration in demand for non-financial services. Transportation activity expanded modestly, on balance. Manufacturing was mixed, but two-thirds of Districts said activity was little changed or had declined. The energy sector experienced modest growth. Agricultural conditions were fairly stable across multiple Districts. Cuts to federal grants and subsidies along with declines in philanthropic donations caused gaps in services provided by many community organizations. The outlook in several Districts worsened considerably as economic uncertainty, particularly surrounding tariffs, rose._ > > #### _Labor Markets_ > > _Employment was little changed to up slightly in most Districts, with one District reporting a modest increase, four reporting a slight increase, four reporting no change, and three reporting a slight decline. This is a slight deterioration from the previous report with a few more Districts reporting declines. Hiring was generally slower for consumer-facing firms than for business-to-business firms. The most notable declines in headcount were in government roles or roles at organizations receiving government funding. Several Districts reported that firms were taking a wait-and-see approach to employment, pausing or slowing hiring until there is more clarity on economic conditions. In addition, there were scattered reports of firms preparing for layoffs. Most Districts and markets reported an improvement in overall labor availability, although there were some reports of constraints on labor supply resulting from shifting immigration policies in certain sectors and regions. Wages generally grew at a modest pace, as wage growth slowed from the previous report in multiple Districts._ > > #### _Prices_ > > _Prices increased across Districts, with six characterizing price growth as modest and six characterizing it as moderate, similar to the previous report. Most Districts noted that firms expected elevated input cost growth resulting from tariffs. Many firms have already received notices from suppliers that costs would be increasing. Firms reported adding tariff surcharges or shortening pricing horizons to account for uncertain trade policy. Most businesses expected to pass through additional costs to customers. However, there were reports about margin compression amid increased costs, as demand remained tepid in some sectors, especially for consumer-facing firms._ ---
**Author:** ![Tried\_Tested](https://sellersasksellers.com/user_avatar/sellersasksellers.com/tried_tested/32/10_2.png) [@Tried\_Tested](https://sellersasksellers.com/u/Tried_Tested)\ **Post date:** [April 26, 2025, 7:13pm UTC](https://sellersasksellers.com/t/us-economy-chat-econochat/4367/171 "2025-04-26T19:13:47Z")
As an aside, MGM resorts told all of their concierge employees across all all properties except Aria and Bellagio - that they’re being laid off - this is after laying off the valet, doorman and bellman a few weeks ago and closure of the buffet at Luxor - implies their analysts are expecting recessionary consequences aka lower tourism, which has already visibly take effect. This is after raising resort fees and parking fees twice in 2024. Saw on Vegasstarfish. ---
**Author:** ![Lost\_My\_Marbles](https://sellersasksellers.com/user_avatar/sellersasksellers.com/lost_my_marbles/32/2919_2.png) [@Lost\_My\_Marbles](https://sellersasksellers.com/u/Lost_My_Marbles)\ **Post date:** [April 26, 2025, 7:27pm UTC](https://sellersasksellers.com/t/us-economy-chat-econochat/4367/172 "2025-04-26T19:27:53Z")
ummm … have 3 daughters in Las Vegas … thinking we should check with them about this one … 🤔 ---
**Author:** ![Tried\_Tested](https://sellersasksellers.com/user_avatar/sellersasksellers.com/tried_tested/32/10_2.png) [@Tried\_Tested](https://sellersasksellers.com/u/Tried_Tested)\ **Post date:** [April 26, 2025, 7:36pm UTC](https://sellersasksellers.com/t/us-economy-chat-econochat/4367/173 "2025-04-26T19:36:36Z")
In related news: > **[Plane tickets are getting cheaper as domestic travel demand weakens](https://www.cnbc.com/2025/04/26/plane-tickets-cheap-travel.html)** > > Airlines are trimming their domestic schedules as leisure traveler demand comes in lighter than expected. ---
**Author:** ![Tried\_Tested](https://sellersasksellers.com/user_avatar/sellersasksellers.com/tried_tested/32/10_2.png) [@Tried\_Tested](https://sellersasksellers.com/u/Tried_Tested)\ **Post date:** [April 26, 2025, 7:41pm UTC](https://sellersasksellers.com/t/us-economy-chat-econochat/4367/174 "2025-04-26T19:41:15Z")
This is in line with ubereats financing, coachella financing and now, I present - grocery financing. > **[More Americans are financing groceries with buy now, pay later loans — and...](https://www.cnbc.com/2025/04/26/americans-groceries-buy-now-pay-later-loans.html)** > > Consumers are using buy now, pay later plans to pay for essentials such as groceries, as concerns around the economy grow. Dafuq ---
**Author:** ![Lost\_My\_Marbles](https://sellersasksellers.com/user_avatar/sellersasksellers.com/lost_my_marbles/32/2919_2.png) [@Lost\_My\_Marbles](https://sellersasksellers.com/u/Lost_My_Marbles)\ **Post date:** [April 26, 2025, 7:58pm UTC](https://sellersasksellers.com/t/us-economy-chat-econochat/4367/175 "2025-04-26T19:58:51Z")
This really started a time back when grocery stores started accepting credit cards. Not very good for your home finances. ---
**Author:** ![dwat0870](https://sellersasksellers.com/user_avatar/sellersasksellers.com/dwat0870/32/5233_2.png) [@dwat0870](https://sellersasksellers.com/u/dwat0870)\ **Post date:** [April 27, 2025, 3:46am UTC](https://sellersasksellers.com/t/us-economy-chat-econochat/4367/176 "2025-04-27T03:46:57Z")
> [@Lost\_My\_Marbles](#): > > This really started a time back when grocery stores started accepting credit cards. I had posted elsewhere earlier about having been in IL back in the very early '70’s and Dominick’s being one of the first in the country to take plastic. It was all credit cards then because Debit Cards didn’t get popular or available for several more years. Carts were suddenly loaded with the GOOD STUFF – steak, lobster, shrimp, etc. A while later the COURTS were flooded with the bankruptcy petitions… Buckle up and wear protective gear. It’s going to be a rough ride. ---
**Author:** ![Lost\_My\_Marbles](https://sellersasksellers.com/user_avatar/sellersasksellers.com/lost_my_marbles/32/2919_2.png) [@Lost\_My\_Marbles](https://sellersasksellers.com/u/Lost_My_Marbles)\ **Post date:** [April 27, 2025, 3:59am UTC](https://sellersasksellers.com/t/us-economy-chat-econochat/4367/177 "2025-04-27T03:59:29Z")
> [@dwat0870](#): > > back in the very early '70’s and Dominick’s being one of the first in the country to take plastic. 1st job was in grocery … started in 72 … in CA. Credit cards came around in late 70s there. Mid 80s was on jury duty at downtown LA and another jury person was a bank examiner. He explained to us (the jury) during lunches on how one day there would be very few people who carried cash because of this new debit card. Was a little skeptical at the time because almost everyone carried cash to do everything from groceries to filling up with gas. Before debit cards and credit cards, people use to buy groceries on time by using a check. They knew that it took 3 to 5 days to clear the system so they would buy on Tuesday or Wednesday with no money in the bank knowing their check would be deposited on Friday to cover for it. Those were the days when you got your bank statement in the mail along with your cashed checks back. > [@dwat0870](#): > > Buckle up and wear protective gear. It’s going to be a rough ride. When you live long enough, you begin to have your grandparent’s knowledge and can predict the future based on past experiences … just like they did. ---
**Author:** ![papy](https://sellersasksellers.com/user_avatar/sellersasksellers.com/papy/32/7639_2.png) [@papy](https://sellersasksellers.com/u/papy)\ **Post date:** [June 5, 2025, 3:19am UTC](https://sellersasksellers.com/t/us-economy-chat-econochat/4367/178 "2025-06-05T03:19:49Z")
> [@papy](#): > > [April 2025 Beige Book](https://www.federalreserve.gov/monetarypolicy/beigebook202504-summary.htm) came out today: Beige Book - May 2025 - [https://www.federalreserve.gov/monetarypolicy/beigebook202505-summary.htm](https://www.federalreserve.gov/monetarypolicy/beigebook202505-summary.htm) > [@](#): > > ### _National Summary_ > > #### _Overall Economic Activity_ > > _Reports across the twelve Federal Reserve Districts indicate that economic activity has declined slightly since the previous report. Half of the Districts reported slight to moderate declines in activity, three Districts reported no change, and three Districts reported slight growth. All Districts reported elevated levels of economic and policy uncertainty, which have led to hesitancy and a cautious approach to business and household decisions. Manufacturing activity declined slightly. Consumer spending reports were mixed, with most Districts reporting slight declines or no change; however, some Districts reported increases in spending on items expected to be affected by tariffs. Residential real estate sales were little changed, and most District reports on new home construction indicate flat or slowing construction activity. Reports on bank loan demand and capital spending plans were mixed. Activity at ports was robust, while reports on transportation and warehouse activity in other areas were mixed. On balance, the outlook remains slightly pessimistic and uncertain, unchanged relative to the previous report. However, a few District reports indicate the outlook has deteriorated while a few others indicate the outlook has improved._ > **[Fed 'Beige Book' economic report cites declining growth, rising prices and...](https://www.cnbc.com/2025/06/04/fed-beige-book-economic-report-cites-declining-growth-rising-prices-and-slow-hiring.html)** > > The report noted that "economic activity has declined slightly since the previous report" released April 23. ---
**Author:** ![Sundance](https://sellersasksellers.com/user_avatar/sellersasksellers.com/sundance/32/310_2.png) [@Sundance](https://sellersasksellers.com/u/Sundance)\ **Post date:** [June 9, 2025, 7:28pm UTC](https://sellersasksellers.com/t/us-economy-chat-econochat/4367/179 "2025-06-09T19:28:01Z")
Had a meeting with our Bank president today. He basically said the same “This is not tolerable / sustainable” “Even being a Red Voter he can’t understand what the president is doing other than trying to tank the economy.” He was worried about what the economy in 12 months will look like on our current path & making enemies out of our former allies is not helping. ---
**Author:** ![papy](https://sellersasksellers.com/user_avatar/sellersasksellers.com/papy/32/7639_2.png) [@papy](https://sellersasksellers.com/u/papy)\ **Post date:** [June 9, 2025, 7:33pm UTC](https://sellersasksellers.com/t/us-economy-chat-econochat/4367/180 "2025-06-09T19:33:11Z")
> [@Sundance](#): > > Had a meeting with our Bank president today. > … > He was worried about what the economy in 12 months will look like on our current path & making enemies out of our former allies is not helping. This is certainly what many shoppers are worried about, too. ---
**Author:** ![lake](https://sellersasksellers.com/user_avatar/sellersasksellers.com/lake/32/66_2.png) [@lake](https://sellersasksellers.com/u/lake)\ **Post date:** [June 9, 2025, 7:57pm UTC](https://sellersasksellers.com/t/us-economy-chat-econochat/4367/181 "2025-06-09T19:57:06Z")
> [@Sundance](#): > > He was worried about what the economy in 12 months will look like on our current path & making enemies out of our former allies is not helping. When it has come to economic issues and trade, many of our allies have not behaved like friends for many years. ---
**Author:** ![Sundance](https://sellersasksellers.com/user_avatar/sellersasksellers.com/sundance/32/310_2.png) [@Sundance](https://sellersasksellers.com/u/Sundance)\ **Post date:** [June 9, 2025, 8:01pm UTC](https://sellersasksellers.com/t/us-economy-chat-econochat/4367/182 "2025-06-09T20:01:45Z")
Just passing on the news of what a top bank guy was saying.. We have a multi-million dollar line of credit and it was time for renewal. I think this is one of the first times he’s gone to personally meet some of the larger accounts to see how they are actually doing face to face. He/them/bank must be worried about companies defaulting in the near future. ---
**Author:** ![Pepper\_Thine\_Angus](https://sellersasksellers.com/user_avatar/sellersasksellers.com/pepper_thine_angus/32/56_2.png) [@Pepper\_Thine\_Angus](https://sellersasksellers.com/u/Pepper_Thine_Angus)\ **Post date:** [June 9, 2025, 8:58pm UTC](https://sellersasksellers.com/t/us-economy-chat-econochat/4367/183 "2025-06-09T20:58:47Z")
> [@lake](#): > > many of our allies have not behaved like friends for many years. I was unaware that business relationships were also friendships. I mean Amazon — ---
**Author:** ![Tried\_Tested](https://sellersasksellers.com/user_avatar/sellersasksellers.com/tried_tested/32/10_2.png) [@Tried\_Tested](https://sellersasksellers.com/u/Tried_Tested)\ **Post date:** [June 9, 2025, 11:11pm UTC](https://sellersasksellers.com/t/us-economy-chat-econochat/4367/184 "2025-06-09T23:11:15Z")
Touche Sir, Touche ---
**Author:** ![TJB](https://sellersasksellers.com/letter_avatar_proxy/v4/letter/t/a8b319/32.png) [@TJB](https://sellersasksellers.com/u/TJB)\ **Post date:** [June 10, 2025, 2:53pm UTC](https://sellersasksellers.com/t/us-economy-chat-econochat/4367/185 "2025-06-10T14:53:36Z")
100% correct. Our allies and friends have been taking advantage of us economically for a long, long time. As I’ve said over and over, that is not sustainable. Sometimes bold actions are required to get the change that we need. I don’t agree with everything that is being done but we can’t continue on the path we were on. ---
**Author:** ![lake](https://sellersasksellers.com/user_avatar/sellersasksellers.com/lake/32/66_2.png) [@lake](https://sellersasksellers.com/u/lake)\ **Post date:** [June 10, 2025, 7:06pm UTC](https://sellersasksellers.com/t/us-economy-chat-econochat/4367/186 "2025-06-10T19:06:32Z")
> [@Sundance](#): > > Just passing on the news of what a top bank guy was saying.. Bankers stand to gain or lose substantially as a result of current policy initiatives. Some of us know some of the banks who stand to lose big time from China policy. We could all know if we chose to find out. The attitudes about economic and trade policy are influenced by whether we stand to win or lose. That should be non-controversial. Whether the entire economy or a majority of Americans stand to win or lose is controversial, since everyone who has skin in the game is trying to influence public opinion to reinforce or rescind the current policies. Economists, some of whom have been wrong in recent years are working hard to influence public perceptions as well. And that even included some at the FED. The choices available are standing with one’s beliefs or prejudices, or going into a major anxiety attack or taking defensive actions. No matter what happens, someone is going to make money, and someone is going to lose money. ---
**Author:** ![Sundance](https://sellersasksellers.com/user_avatar/sellersasksellers.com/sundance/32/310_2.png) [@Sundance](https://sellersasksellers.com/u/Sundance)\ **Post date:** [June 10, 2025, 7:20pm UTC](https://sellersasksellers.com/t/us-economy-chat-econochat/4367/187 "2025-06-10T19:20:38Z")
I have a new retirement plan in case it all goes south 🤩 Fishing, Hunting, Brewing my own Beer & Gettin me that gold! [![](https://img.youtube.com/vi/pCloOt1YcYw/maxresdefault.jpg "Gold Panning, Start to finish, no stops, no cuts, no edits.") ](https://www.youtube.com/watch?v=pCloOt1YcYw) ---
**Author:** ![Amazon\_Seller](https://sellersasksellers.com/user_avatar/sellersasksellers.com/amazon_seller/32/3181_2.png) [@Amazon\_Seller](https://sellersasksellers.com/u/Amazon_Seller)\ **Post date:** [June 10, 2025, 7:50pm UTC](https://sellersasksellers.com/t/us-economy-chat-econochat/4367/188 "2025-06-10T19:50:22Z")
You would like our family. We go gold hunting every week or two. ---
**Author:** ![Amazon\_Seller](https://sellersasksellers.com/user_avatar/sellersasksellers.com/amazon_seller/32/3181_2.png) [@Amazon\_Seller](https://sellersasksellers.com/u/Amazon_Seller)\ **Post date:** [June 10, 2025, 7:55pm UTC](https://sellersasksellers.com/t/us-economy-chat-econochat/4367/189 "2025-06-10T19:55:22Z")
The way things are, I don’t want to fly anywhere, either. [Previous page](https://sellersasksellers.com/t/us-economy-chat-econochat/4367.md?page=8) [Next page](https://sellersasksellers.com/t/us-economy-chat-econochat/4367.md?page=10)