Re:US economy returned to growth last quarter, expanding 2.6%
by importantbrian on Thursday October 27, 2022 @12:37PM
(#33360176)
This may just be a localized thing, but housing construction here is not slowing down. My in-laws own a construction business and they're the busiest they've ever been. Their biggest challenge is hiring and getting supplies.
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Re:US economy returned to growth last quarter, expanding 2.6%
by pclmulqdq on Thursday October 27, 2022 @02:22PM
(#33361760)
I think there are signs that the economy is balakanizing, and that is not a good thing. We see the same thing near us: construction and landscaping are booming.
In some other places, I hear that there is no work in that profession. The same appears to be happening to companies, with Facebook down 20% today while oil companies see no signs of recession.
Re:US economy returned to growth last quarter, expanding 2.6%
by importantbrian on Thursday October 27, 2022 @03:41PM
(#33362965)
Facebook probably isn't the best example. They're down because they've made some really awful business decisions. I don't think their issues are the result of larger economic headwinds.