It seems like you can’t flip through the channels anymore without catching something about the recession. I caught part of a story on ABC about consumer spending. It turns out that Hyundai Assurance program I blogged about last month is turning out to be a very good move for Hyundai. Their January sales were up 14%.
Netflix is also showing some hefty profit increases. We’ve been tempted to go to Netflix but our local video store still has 99 cent rentals and we would end up spending more with Netflix on a monthly basis (we have been also using hulu.com).
On the downside, the Girl Scouts are feeling the pinch of consumers tightening their financial belts. That might end up being the case for school fundraisers as well. I know we haven’t purchased anything like that in some time and I turned down one young man selling pizza kits not too long ago. I used to sell things like crazy when I was a kid so I know how it feels when you do not make a sale. It’s not easy saying, “No thank you.”
You can read the entire article here.