Porsche Reports U.S. Sales for April '09
#2
Drifting
at least it's improving, the trend is positive and hopefully the worst is behind us.
#3
Burning Brakes
I hate to disagree...but I only see rising unemployment as the government keeps taxing businesses to death and new environmental regulations down the pipe. Then, who do you think is going to pay for the trillions of dollars we are in debt...not to mention the inflation that will follow...THINK LONG TERM!
abe
abe
#5
Drifting
abe-I'm in business too and while the market isn't getting significantly better we are seeing positive signs and I think by mid summer things may pick up. I'm speaking of consumer spending going forward. I do believe that luxury goods will stay at relatively low levels but not get worse than what we have seen so far. This is just my opinion....
Last edited by Bob in NY; 05-01-2009 at 06:33 PM.
#6
Drifting
Hey John, congrats! It's people like you we need to buy goods and services to keep our economy going. I bought my TT in January!
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#10
I personally sold more new Porsche then 2 other dealers in the area combined in April.
Employment or unemployment is a lagging indicator the stock market itself ( SandP 500) is forward looking
Employment or unemployment is a lagging indicator the stock market itself ( SandP 500) is forward looking
#13
Burning Brakes
Hope you are right Bob....maybe you can spread some of the good news in the land of Kalifornia. BTW, the best economic indicator is the BII (boobie implant indicator). My plastic surgeon friends start getting busy months before any other economic indicators! So far,
their business is "flat".
abe
their business is "flat".
abe
abe-I'm in business too and while the market isn't getting significantly better we are seeing positive signs and I think by mid summer things may pick up. I'm speaking of consumer spending going forward. I do believe that luxury goods will stay at relatively low levels bot not get wors than what we have seen so far. This is just my opinion....