What are your economic indicators? In other words, how do you determine if the general public is worried about uncertain times?
Besides all the information the government publishes, I use three indicators.
The local feed and fertilizer / farm supply store
On Friday, May 22nd I was at Circle three feed in Jasper Texas to buy some chicks and chicken feed. While I was there I took a few minutes to talk to the nice lady behind the counter.
Usually, the chicks are sold between February, March and April.
This year, the farm supply store was not able to get chicks until April. The nice lady told me the store was not able to get chicks because the suppliers were sold out. In 15+ years, this is the first time the store had not been able to get chicks in February. Continue Reading….