134

This economy looks like shit (hexbear.net)

submitted 1 week ago by [email protected] to c/[email protected]

50 comments fedilink hide all child comments

Had a beer with a friend this weekend who works in car rentals. Says numbers are way down. Auto manufacturers don't want to sell cars to rental fleets because they're already having trouble moving inventory to new buyers and don't want a flood of late model second hand cars.

Clean energy, one of the few growth sectors in the US, was unceremoniously shot as part of BBB. They're cutting huge chunks from the government.

Inflation looks like shit. 12 pack of coke is 10 fucking dollars (who cares I'll keep drinking that garbage). My household has certainly pulled back as have many others. And tariffs haven't started to bite yet.

Housing markets are frozen in the south. saw a piece out there this morning that AI capital investment contributed more to GDP than consumer spending.

BLS numbers were so bad Trump shot the messenger. This is only the beginning as well, three and a half more years to go. And then we get Buttigieg I guess? There's no way out.

What are you folks seeing out there? Lets gather up our anecdata

you are viewing a single comment's thread
view the rest of the comments

[-] [email protected] 31 points 1 week ago* (last edited 1 week ago)

not american but i can visibly see the worriness/stress from acquaintances that work in corporate US. One has been working more than a decade in a certain multinational, a bonafide loyal employee, with a, i think, high managerial position and has told me they feel they're getting laid off anytime because sales are grim, they sell luxury goods so its kind of a tell when luxury goods sales are down it means people do not have the extra cash for these things. Tho tbf it could also mean their products have gotten terrible, which it could very well be the case.

Also these last 4-5 years, this city ive frequented throughout all my life is now filled with homeless, which it was not the case 10 years ago. This is not one of the big cities btw.

this post was submitted on 04 Aug 2025

134 points (100.0% liked)

chat

8452 readers

306 users here now

Chat is a text only community for casual conversation, please keep shitposting to the absolute minimum. This is intended to be a separate space from c/chapotraphouse or the daily megathread. Chat does this by being a long-form community where topics will remain from day to day unlike the megathread, and it is distinct from c/chapotraphouse in that we ask you to engage in this community in a genuine way. Please keep shitposting, bits, and irony to a minimum.

As with all communities posts need to abide by the code of conduct, additionally moderators will remove any posts or comments deemed to be inappropriate.

Thank you and happy chatting!

founded 4 years ago

MODERATORS

[email protected]