Great comments Keith! I feel much the same way. It’s an interesting thing about car counts. We have seen car counts remain very strong; in fact some weeks they are thru the roof, but sales…well that’s another story. Like I said in my post, it’s rare when a customer just throws the keys on the counter and says, “Call me when it’s done”.
I don’t know if we ever truly got out of the recession. I think the long term affects of unemployment, high gas prices, high food prices, loss of retirement funds, loss of equity in your home and the constant barrage of bad news from the media has taken its toll on the American public. We are all tired!
I have a good friend in the restaurant business. I asked him the other day, “How’s business”? He told me that his cliental has not diminished, and that he gets the same amount of people coming to his restaurant every week, but they are not spending the money like they use to. Many of them order just the meal, no appetizer and no dessert. So, people want to go out, but they are very cautious.
I hope you are wrong with your assessment of the last man standing, but we will see.