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Signs of the Economy:
Im just getting back from vacation in Myrtle Beach, South Carolina. I haven’t been there in 5 years. It amazes me how things have changed and how I feel the economy has forced those changes.
It’s Myrtle Beach, there are more resorts than one would care to count. There are also 1,000 restaurants. As we drove up and down the main strip of hotels you would see the “No Vacancy” signs glowing in neon red. When you went out to eat you could easily expect an hour wait for the “early-birds” and a two plus hour wait for large parties or eating after 6 o’clock. At the hotel everything was packed, parking garages, the pools, even the beach was full. You would see and meet people from all states and some from Canada.
This year we were expecting much more of the same. Oh how the times have changed! EVERYTHING was backwards. On our first night out when there was no wait to get a table I just thought it was a Sunday or something. Then as the week progressed I realized everything had changed. There was minimal wait at the most popular restaurants. The service staff at the restaurants seemed like they were working more tables than last time. Every hotel had vacancies. And there were not nearly as many people. I then started noticing a lot of vehicles had Canada licenses.
At first I was bumfuzzled about all the change. I couldn’t figure out what had happened, why everything had changed so much. Then while we were shopping at one of the many blowout or going out of business sales it hit me, it had to be the economy. Our last trip to Myrtle Beach was before the economic collapse of 2008 when times were still good for most. Now things have changed.
From what I saw the economy is starting to effect everyones budget and they are cutting back on spending. This is going to place a strain on businesses in areas like Myrtle Beach. Once these hotels and restaurants start to feel the crunch (if not already), it will cause the economic situation to worsen.
What are your observations from your areas economic situation? Please share them on GunPreparedness.com