RR economic indicator
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Started by bear - Aug. 12, 2019, 5:08 p.m.

looking thru the 2nd qrt report...

same  RR   traffic  for the 2nd quarter was off more than 3%  

By metmike - Aug. 13, 2019, 12:02 a.m.
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Oh oh!

By bear - Aug. 13, 2019, 8:36 p.m.
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some of the company stocks have done ok, since price increases have helped on the revenue side.  so even tho volume is down, revenue is not down.  

By bear - Aug. 13, 2019, 8:41 p.m.
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on a similar note,... after a vote to increase the minimum wage in arizona, (a couple years back)... here is what i have observed in the tucson area.

some small mom and pop businesses had to raise prices to compensate for the wage increase.  so maybe revenue is up by 1%,  but foot traffic is off by 1%. 

i call this stagnation.  

it is much better for the economy when volume increases, but price does not.  

it is worse economically when price increases, but volume is off.  

By metmike - Aug. 13, 2019, 10:37 p.m.
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Thanks for the explanation bear.