Economic recessions can be identified through observable everyday behaviors and market changes, including reduced shopping cart usage in stores, increased garage sales and yard sales, canceled entertainment events due to low ticket sales, empty car dealership lots with unsold vehicles, rising car prices, increased short sales in real estate, and higher grocery spending limits, all of which reflect consumers tightening their budgets and reduced economic activity.
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Recession signs that people are noticing everywhere with everythingAdded:
Regardless of whether you think there is a depression or a recession going on, I think we all can agree that something major is happening. There's a lot to factor in. There's a lot to take in.
There's so many changes that are constantly happening. We are just being hit all across the board in so many ways and so many people are being affected.
So, we're going to get into this video.
>> The signal of the state of the economy is the level of guilt and shame and just financial incompetence you feel when all you really just did was spend money on food. All right, peace. I went to Target yesterday to go in and out and grab a few things. That's always what I do.
There were a lot of people in there, okay?
A lot of them, a majority of them, did not have shopping carts.
And if they did have a cart, it was cuz they had kids and they had to put the kids in the cart.
Nobody was loading their cart up. No one was going up and down aisles to shop.
Everyone was in for their things and out.
>> you a recession indicator. Go and drive around any neighborhood, your neighborhood, and see how many for sale signs you can spot in your neighborhood.
My neighborhood, at least the part that I drive through, okay? I can spot at least 10 for sale signs alone. Multiple of them popping up within the last 2 weeks, okay? My street alone has three houses that have been for sale or for rent, okay? One of those has been for rent for over the last year.
Perfectly fine house. Nothing wrong with it, at least from what I can tell.
Why isn't anybody coming to buy it? Go on Zillow or any apartment rental, whatever app, and see how many houses and apartments are for sale or for rent.
The amount is astronomical, but so are the prices.
>> Here's actually the recession indicator for me.
Garage sales, yard sales.
Driving home today on just the block I live on, I counted four different garage yard sales.
I also found a sign for a bake sale.
On single day mayo that just passed, one of my neighbors in the neighborhood on the same block, they were selling tacos in front of their house, like in front of their gate, their gated brick house. They don't usually do that. Single day mayo they were selling tacos in front of their house. If this isn't a recession indicator, then I don't know what is.
Because your favorite artist isn't canceling shows because they're prioritizing their families or they're trying to make the next album. They're doing it because they can't sell tickets. And it's not just one city.
It's not just one artist. It's not just one genre. This is across the board.
People don't have money for concerts like this, especially not after having to pay like four and five dollars per gallon for gas. You've got more expensive groceries, and people are losing jobs left and right. So, no, your average concert goer isn't going to have like a $120 to go see a concert. So, Blue Dot Fever is really just a recession indicator. I went to a concert a couple of weeks ago, and parking parking was $40. Oh, and then by the way, Ticketmaster, who controls how you buy your tickets and the fees that go into it, they were found to be a monopoly that's making it even more expensive for you to buy tickets.
If you talking about a real recession indicator, I got a couple. When last time have you seen a long receipt?
When is the last time you found money on the ground? When is the last time you heard about somebody spending at least $600 at a grocery store, Costco, Sam's Club, that's that don't already have money?
When last time you heard about somebody having money left over from their paycheck? That's just to name a few. One of the biggest recession indicators is that car dealerships, if you really notice and pay attention, a lot of these car dealerships, these cars are sitting.
These 2026s, 2025s, these cars are sitting like people like to buy a brand new car. Like I'm I'm looking at some of these these I'm at a Honda dealership looking at a lot of these Hondas.
These cars are starting off at $35,000, $36, and just going up from there. It's like going up from $35,000.
Like, you know, I I I've been around a few decades. Like when I was young like a lot younger, like a child, teenager, a brand new Honda Accord would be like $22,000.
Like brand new, $22,000.
Okay, so my recession indicator is the fact that Whole Foods is making commercials now. Do you want to know what my recession indicator is? As a stay-at-home mom, event planner, woman who likes to decorate, Facebook Marketplace. Honey, the finds on Facebook Marketplace right now are fire. Like free bars, like full-on luxury bars, I'm finding. Couches and chairs, all type of things. Recession indicator is that I might be having to navigate my first short sale deal in real estate. I have a buyer who's really interested in a property, but it's listed as a short sale, and I've actually never done one of these before. They were way more common back in 2007, 2008 during the housing crisis. If you don't know what a short sale is, basically the homeowner owes more money on the house than what they can sell it for. For example, if you owe $500,000 on your house, but you can only sell it for $450,000, the lender would have to approve the sale because they'd be coming up short on the sale. Get it? However, it's not the same thing as a foreclosure. A foreclosure is when the bank takes the property. A short sale is in place to kind of prevent it from getting to that point. And right now, Nevada is one of the top-ranked states for foreclosures in the country.
Let me know in the comment section down below what recession indicators you are seeing or what maybe depression indicators that you are seeing. Let me know down below in the comment section.
I know that people everywhere are being affected. We're being hit hard. Gas prices, food prices in the grocery store, bills are going up and skyrocketing across the board. I'm going to go ahead and wrap this video up, you guys. Thank you so much for taking the time to watch. Take care, stay safe, and I will see you guys in the next video.
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