| Posted by | Message |
LSUwag 
LSU Fan
Orlandeaux
Member since Jan 2007
5058 posts
| re: Walmart Sales Indication of Coming Problems? (Posted on 2/15/13 at 3:53 pm to Lsut81)
quote:
do these numbers foreshadow a downturn in the economy?
The economy has been flat for four years. Take away all the stimulus spending and we would still be in a total recession. We have done nothing to build economic growth. We've actually done the exact opposite to build growth. We have taxed and regulated ourselves to death. Now that reality has set in that we can't afford to do this forever, we are in big trouble.
 
|
| Back to top | |
CajunAngele
LSU Fan
Member since Oct 2012
4899 posts
| re: Walmart Sales Indication of Coming Problems? (Posted on 2/15/13 at 4:52 pm to Powerman)
quote:
Could be
But then again retailers like wal mart are going to be fighting for market space with places like Amazon now
Craigslist is the indicator. You can buy 32-50 inch plasma TV's dirt cheap, screw walmart. As well as the old arse fat TV's are going for $20.
This post was edited on 2/15 at 4:53 pm
|
| Back to top | |
Taxing Authority
LSU Fan
Houston
Member since Feb 2010
16707 posts
| re: Walmart Sales Indication of Coming Problems? (Posted on 2/15/13 at 7:29 pm to Lsut81)
Notice in several stores this week, inventories are LOW. Mostly empty shelves. Noted the same thing in Spring 08. Purely anecdotal, but enough that it stands out.
|
| Back to top | |
Lsut81
LSU Fan
Member since Jun 2005
54807 posts
| re: Walmart Sales Indication of Coming Problems? (Posted on 2/15/13 at 7:43 pm to Taxing Authority)
quote:
Notice in several stores this week, inventories are LOW. Mostly empty shelves. Noted the same thing in Spring 08. Purely anecdotal, but enough that it stands out.
Like I said, I'm sure sales are down everywhere
This post was edited on 2/15 at 7:48 pm
|
| Back to top | |
conservativewifeymom
Maryland
Member since Oct 2012
168 posts
| re: Walmart Sales Indication of Coming Problems? (Posted on 2/15/13 at 7:46 pm to kingbob)
Ummmm, BO?!?!?!
|
| Back to top | |
LittlebyLittle 
West Virginia Fan
slidell.la.
Member since Nov 2012
89 posts
| re: Walmart Sales Indication of Coming Problems? (Posted on 2/15/13 at 7:50 pm to Lsut81)
9.00/hr. min. wage proposed by obama coming down the pipeline...? greedy wal-mart.....shame on them-time to share the wealth! 
|
| Back to top | |
Champagne 
New Orleans Saints Fan
French and Spanish Empire Border
Member since Oct 2007
7919 posts
| re: Walmart Sales Indication of Coming Problems? (Posted on 2/15/13 at 8:28 pm to Lsut81)
The only way that the US electorate will learn the lesson is for Democrat policies to be fully implemented without opposition. We need a solid decade AT LEAST of complete Democrat Party domination.
The lesson must be learned the hard way.
|
| Back to top | |
ThaBigFella
LSU Fan
baton rouge
Member since Apr 2006
795 posts
| re: Walmart Sales Indication of Coming Problems? (Posted on 2/15/13 at 8:37 pm to LittlebyLittle)
dont feel bad for walmart....they get plenty of government assistance too....one of the best documentaries Ive ever seen
LINK
|
| Back to top | |
JG77056
LSU Fan
Vegas baby, Vegas
Member since Sep 2010
3852 posts
| re: Walmart Sales Indication of Coming Problems? (Posted on 2/15/13 at 9:30 pm to LSUwag)
There was also a cold front across most of this country the first week of this month and a lot of people either can't or don't like leaving their house in those conditions.
|
| Back to top | |
JG77056
LSU Fan
Vegas baby, Vegas
Member since Sep 2010
3852 posts
| re: Walmart Sales Indication of Coming Problems? (Posted on 2/15/13 at 9:32 pm to LSUwag)
There was also a cold front across most of this country the first week of this month and a lot of people either can't or don't like leaving their house in those conditions.
|
| Back to top | |
LSUwag
LSU Fan
Orlandeaux
Member since Jan 2007
5058 posts
| re: Walmart Sales Indication of Coming Problems? (Posted on 2/15/13 at 10:03 pm to JG77056)
quote:
There was also a cold front across most of this country the first week of this month and a lot of people either can't or don't like leaving their house in those conditions.
You're kidding, right?
The GDP fell last quarter by .1% The definition of a recession is two consecutive quarters of negative GDP. We are already half way there.
|
| Back to top | |
La Place Mike
LSU Fan
West Florida Republic
Member since Jan 2004
12625 posts
| re: Walmart Sales Indication of Coming Problems? (Posted on 2/15/13 at 10:08 pm to Powerman)
quote:
But then again retailers like wal mart are going to be fighting for market space with places like Amazon now
Wal Mart shoppers do not shop on Amazon.
|
| Back to top | |
Powerman
LSU Fan
Corpus Christi, TX
Member since Jan 2004
115646 posts
| re: Walmart Sales Indication of Coming Problems? (Posted on 2/15/13 at 10:17 pm to UncleFestersLegs)
quote:
Push for online sales taxes pick up steam in Congress
Amazon already charges sales tax
|
| Back to top | |
MFn GIMP
LSU Fan
Somerset, Kentucky
Member since Feb 2011
6943 posts
| re: Walmart Sales Indication of Coming Problems? (Posted on 2/15/13 at 10:51 pm to ThaBigFella)
quote:
dont feel bad for walmart....they get plenty of government assistance too....one of the best documentaries Ive ever seen
I knew exactly what propaganda piece you were talking about before I even clicked on the link. I feel sorry for you that you think The High Cost of Low Prices is one of the best documentaries you've seen.
|
| Back to top | |
wmr 
Arkansas Fan
North of Dickson, South of Herman's
Member since Mar 2009
14923 posts
| re: Walmart Sales Indication of Coming Problems? (Posted on 2/15/13 at 11:01 pm to MFn GIMP)
My personal belief is that it is due to the payroll tax increase.
Everybody is taking home less than they were in 2012. Its not a whole lot, but its a chunk out of discretionary spending. I know I've been more conscious of spending until I get my budget adjusted.
|
| Back to top | |
Ace Midnight
LSU Fan
Ball, LA - Home, Sweet Home
Member since Dec 2006
14866 posts
| re: Walmart Sales Indication of Coming Problems? (Posted on 2/16/13 at 7:04 am to Lsut81)
quote:
Why would Amazon all of a sudden be a difference maker this month and not the previous months? Sure, there is a trend to online retailers, but it wouldn't constitute a spike for this month.
This is good analysis. What happened over the past couple of paychecks that might have caused spending habits to change?
1. Gas prices have been trickling up.
2. 2-year payroll tax holiday expired
3. Witholding adjustments for the new tax year
4. Increased health insurance premiums
Now - out of those 4, the only one that's unique to 2013 is #2. Draw whatever inferences you like.
|
| Back to top | |
Lsut81
LSU Fan
Member since Jun 2005
54807 posts
| re: Walmart Sales Indication of Coming Problems? (Posted on 2/16/13 at 7:19 am to Ace Midnight)
quote:
Now - out of those 4, the only one that's unique to 2013 is #2. Draw whatever inferences you like.
That is the obvious cause, along with higher gas prices....
But my question is, do you think this is smoke where their may be fire? Are we beginning to truly tilt towards a double dip 
What I'm really asking, as someone who is not anywhere near an economist, is does this have any affect/indication on the GDP?
|
| Back to top | |
Ace Midnight
LSU Fan
Ball, LA - Home, Sweet Home
Member since Dec 2006
14866 posts
| re: Walmart Sales Indication of Coming Problems? (Posted on 2/16/13 at 7:32 am to Lsut81)
quote:
Are we beginning to truly tilt towards a double dip
Do you really see a lot of growth in this quarter?
Ironically, if the first quarter of 2013 is, in any way, positive, it will be based on unprecedented firearms and ammunition sales.
|
| Back to top | |
Helo
LSU Fan
Orlando
Member since Nov 2004
3127 posts
| re: Walmart Sales Indication of Coming Problems? (Posted on 2/16/13 at 9:34 am to Ace Midnight)
quote:
Why would Amazon all of a sudden be a difference maker this month and not the previous months? Sure, there is a trend to online retailers, but it wouldn't constitute a spike for this month.
This is good analysis. What happened over the past couple of paychecks that might have caused spending habits to change?
1. Gas prices have been trickling up.
2. 2-year payroll tax holiday expired
3. Witholding adjustments for the new tax year
4. Increased health insurance premiums
All of this.
Oh and +1 to whomever said that Amazon shoppers don't shop at Walmart.
|
| Back to top | |
NHTIGER
LSU Fan
Central New Hampshire
Member since Nov 2003
6473 posts
| re: Walmart Sales Indication of Coming Problems? (Posted on 2/16/13 at 1:40 pm to LSUwag)
quote:
The GDP fell last quarter by .1% The definition of a recession is two consecutive quarters of negative GDP. We are already half way there.
We'll have a much more accurate number on the the 4th Quarter GDP in 13 days, when the number gets revised on Feb. 28th. The 0.1% negative could easily turn positive, and even if not, could turn positive when the next revision comes on March 28th. With two revisions to be announced for the 4th quarter before the 1Q 2013 Advanced release, there is almost no chance 4Q will be in negative territory on April 26th, thus averting any possibility of headlines screaming that there's a "new" recession. The 0.1% downtick will be a distant memory by the afternoon of March 28th, if not on Feb. 28th.
It's just a game to the BEA people.
|
| Back to top | |
