Top 5 Signs that the Economy is Improving
It’s hard not to get down in this economy, but there are little signs of improvement all around us. Hotspots offers the Top Five Signs that the Economy is, slowly but surely, improving.
1. Retail Sales Are Up
One of the first signs of an improving economy can be seen in the retail business. Rocky Bowell, manager of Pride Factory, said that the emporium fortunately wasn’t affected in a negative way by the economy. “We didn’t have a decline at all,” he said.
However, sales have been steadily going up in the last few months. “Every month we’re showing increases in sales,” Bowell explained.
2. Restaurants are doing well.
The second major sign of the economy recovering is that more and more people are splurging and dining out. Several local restaurants surveyed reported an increase in customers within the last few months — always a positive sign.
3. Car sales are on the rise.
When the economy suffers, so do car sales, but those too are on the rise. “Weekend sales are definitely up,” said Maroone Ford Sales Manager Michael Albetta. “Auto dealers are now starting to smile.” He said that daily sales were in the single digits for a while, but within the last few months sales have been in the double digits.
4. Coffee sales are up.
People tend to splurge a lot less at their favorite java joints when the economy is suffering. Nicki Rose, owner of Java Boys, said that she has seen a definite improvement in sales in the past four or five months. “People are treating themselves more with their favorite specialty drink and a dessert,” she said. “When there was more of a scare people cut back and ordered just a coffee.”
5. Plastic Surgery
According to statistics released by the American Society of Plastic Surgeons (ASPS), 13.1 million cosmetic plastic surgery procedures were performed in the United States in 2010, up 5 percent from 2009.
“The economy is showing signs of improvement and, financially, things are a little better for people this year,” said ASPS President Phillip Haeck, MD. “The financial markets are at a two year high, we’re seeing a double digit increase in the percentage of auto sales over a year ago, and as the aging population continues to grow, people are investing in plastic surgery procedures to help stay competitive in the workplace. The growth in cosmetic plastic surgery procedures is multi-factorial.”