Quote:
Originally Posted by XutvJet
Nobody knows what's really going to happen in the market. It's all speculation, estimates, and prior history to develop an educated guess. I've always found it quite funny when market analysts put so much weight into a sub 1% movement in employment, growth, etc. especially movements of 0.1%. LOL
Consumers are likely spending again because many prices have fallen and there are more deals to be had as many companies and manufacturers realize that they got really greedy and have had to pull back prices to order to move their products/inventory.
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Prices as a whole continue to go up but at a slower rate. Last I saw inflation is under 3%. There are specific products that have a lower price but as a whole prices will likely continue to go up.
I also disagree with the "greedy manufacturers", they have always tried to get as much as they can for their products, they are paid to sell, maximize profits and raising prices when they can is part of it. Prices go up with demand going up, come down some amount with demand dropping, there isn't some changing mentality based on greed.