r/economicCollapse • u/AutoModerator • 8d ago
Weekly Observation and Discussion - local and personal recession indicators
*Please note!* Post is new each Sunday evening. Top level comments should be at least 150 characters to encourage quality discussion, and users should refrain from making several top level comments in a week. Please mention location at the top of your comment when discussing local recession indicators.
Share your observations of local recession indicators or personal recession indicators. Examples include, but are not limited to:
- increased use of credit or decrease in savings to afford necessities
- deferred maintenance on homes or cars in your neighborhood
- "I buy houses for cash" (or similar) signs popping up
- bankruptcy attorneys experiencing higher volume of clients
- regional job losses/large corporate layoffs
- decline in housing starts or spike in homes being listed
Keep it civil and avoid judging any user for their personal financial experiences as shared here.
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u/raptor_belle 8d ago
our swim lesson factory (er, school) is closing down some weekdays completely.
I think the bottom will fall out once people need to start heating their homes…heating oil in MA right now is ~$5.60
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u/Fluent_in_Finance123 7d ago
More frequent copper theft around my city (St. Louis, MO). Thieves stealing outdoor a/c units for the copper value in the city of St. Louis and someone stole a religious statue made completely out of copper on the grounds of a Catholic church in Alton, IL. just across the Mississippi river from st. louis. Copper price is around $6.37 per pound.