Shhh... Recession forgot to tell retailers it is here...

You see that in the refining margins. Oil prices have been relatively flat and historically prices would be about 2.80 in Florida. The record profits the oil companies are making now is based on refinery margins. The refinery margins are roughly 20 dollars a barrel higher than historically.

 

that's super silly. what does units even mean for a company that sells or manufacturers 100s if not 1000s of diff goods? Just simply adj sales or whatever nominal amt for inflation. This is done all the time.

Inflation adjustment.

can you imagine Amazon reporting units sold?

 

If you’re looking down the road to predict demand for items you better hope people make more money to still buy the extra crap as the stuff they really need eats into their budgets.

Doesn’t affect me because yeah I got into UF and have done well, but many people don’t have the ability to continuously absorb cost increases.
Rent/housing
Food
Energy
Cost of borrowing money (cars, houses).
Pretty much anything you buy has gone up quite a bit in the last few years.

Sorry you can’t see past your situation to understand the macro, plenty of experts are talking about it.

Really shocking

 

You better track units sold, how else do you know what to order.
Target got hammered awhile back because the did a poor job of estimating future demand for electronics. Then were overstocked on inventory and had to have big sales to clear it out.
Every big company is tracking what sells and doesn’t. They may not report it but they damn sure track it. To suggest otherwise is silly.

 

that is done for internal reasons. it makes no sense for financial reporting reasons.

 

You just supported part of my assertion. If the price is too high it can affect the number of units sold…. Why?
People may not be able to afford it.

 

budget constraints. It would rilly help you make your pts IMO, if you understood the diff between changes in demand & movements along a demand curve. Econ seems to be 1 of those subjects where peeps think they just magically know what the F they are talking about. I find it demeaning....& sad.

 

Some important economic numbers do come out as “units”. You can track things like oil industry volumes, auto sales, housing data (resale contracts, construction starts, new home sales etc).

These can be meaningful items to look at to see if we are losing unit volume. Should we care about Chipotle’s unit volume of burritos sold? Eh…

 

Yes, we’ve seen similar from Spain and Korea with pacific routes being cheaper.

 

You may have posted that graph before but I’ve never seen it.

You may have me confused with others you debate here about how everything is rosy all over.

 

Kinda like when the internet doctors all weigh in like I’ve seen here for 3+ years.

 

Agree, so why do they do it for internal reasons if it’s a meaningless metric?

Don’t companies generally give forward looking expectations?

I guess I’ve been watching too much CNBC, it seems to a large part of what they are talking about when they are trying to predict a slow down.

 

It’s not meaningless to a company. It is virtually meaningless to the economy as a whole.

 

Americans are still using credit cards to buy necessities as household debt hit a new record

 

It's at an all-time high because people can't pay their bills. All you have to do is go to the grocery store. Every item costs more except Tito's. Electric bills are outrageous. Gas is still high. The middle class is feeling the pinch and low wage earners are struggling.

https://www.cnbc.com/select/us-credit-card-debt-hits-all-time-high/

Food prices are rising at the highest rate in decades. Here's where that money goes.

 

There is a reason that the price of Tito's has not gone up. Tito's is trash and no one wants it LOL

 

I prefer ketel.
But Tito’s will do.