Sometimes it is good to pay attention when you go to the mall. You might be able to pick up on some clues as to how the economy is doing. For example, I am at my local mall and there are plenty of people here today. It is a Saturday, so that is not surprising. But, are people just window shopping or are they actually buying stuff? As I sit and write I notice very few people with bags of merchandise. That's not a good sign. If traffic is good and people are not buying, how long can retailers pay the rent (which is not cheap at the mall)? How much stuff do retailers need to sell just to break even here at the mall? No wonder stuff is expensive.
What do you think?
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