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	<title>EconomyBeat.org &#187; economic indicators</title>
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	<itunes:summary>Podcast highlighting public radio coverage of the economy, the recession, employment, the mortgage crisis and health care issues.</itunes:summary>
	<itunes:author>Roman Mars</itunes:author>
	<itunes:explicit>no</itunes:explicit>
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	<copyright>2006-2010</copyright>
	<itunes:subtitle>Public radio coverage of the economy.</itunes:subtitle>
	<itunes:keywords>economy, healthcare, mortgage, recession, unemployment</itunes:keywords>
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		<title>EconomyBeat.org &#187; economic indicators</title>
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		<title>Uncommon economic indicators</title>
		<link>http://economybeat.org/business/uncommon-economic-indicators/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=uncommon-economic-indicators</link>
		<comments>http://economybeat.org/business/uncommon-economic-indicators/#comments</comments>
		<pubDate>Mon, 01 Feb 2010 21:25:49 +0000</pubDate>
		<dc:creator>Jon Brooks</dc:creator>
				<category><![CDATA[business]]></category>
		<category><![CDATA[government]]></category>
		<category><![CDATA[housing and real estate]]></category>
		<category><![CDATA[living the recession]]></category>
		<category><![CDATA[economic indicators]]></category>

		<guid isPermaLink="false">http://www.economybeat.org/?p=5692</guid>
		<description><![CDATA[Time for another go-round &#8212; our third &#8212; with The Brian Lehrer Show’s Uncommon Economic Indicators web page, where people submit signs of the recession observed around the New York City area. These won’t show up in any government statistics or charts, but they turn the abstract gloom of macroeconomic numbers into a concrete picture [...]]]></description>
			<content:encoded><![CDATA[<p>Time for another go-round &#8212; our third &#8212; with The Brian Lehrer Show’s <a href="http://panzera.wnyc.org/indicators/contributions/"><strong>Uncommon Economic Indicators web page</strong></a>, where people submit signs of the recession observed around the New York City area. These won’t show up in any government statistics or charts, but they turn the abstract gloom of macroeconomic numbers into a concrete picture of what’s happening in the community.</p>
<blockquote><p>
<em>The (un)real estate situation</em></p>
<p>Maplewood and South Orange, in Essex County are highly desirable communities for people moving from New York City. I&#8217;ve been showing homes in Maplewood and South Orange&#8230;every single one of them is involved in a tax appeal. It is impossible to counsel my buyers regarding price. And all but a very few are either short sales or bank owned or impossible to show. It&#8217;s just completely crazy now. I have never seen anything like this.</p>
<p><em>Can&#8217;t give it away</em></p>
<p>I am a professional photographer. I regularly photograph a trade show over five days for a major trade magazine. The editors decided to forgo the coverage last year because they did not have the budget. I usually enjoy this work and I have shot this show with them for years. I decided to volunteer to shoot it for free one day to help out during hard times. However, the editor said they could not use my free pictures &#8212; there were not enough pages in the magazine to run the photos. There is not enough advertising to support it. I can&#8217;t give my services away in this economy!</p>
<p><em>Pass it on</em></p>
<p>Lately, (my grandmother&#8217;s') taken to picking up the newspaper after her sister-in-law down the street is done with it. My grandmother will read it, and then she&#8217;ll pass it along to a friend of hers. </p>
<p><span id="more-5692"></span><em>Getting domestic</em></p>
<p>As a longtime resident of Redding, CT, I have been working out at the Wilton Family Y for well over 15 years. Wilton is a tony town with most houses in the seven-figure range and many earning their living on Wall Street or at the brokerage houses/hedge funds in Lower Fairfield County.</p>
<p>The Y parking lot had always been filled with late model high-end vehicles with a smattering of more pedestrian Toyotas, Fords, and Hondas. Lately I’ve noticed the reverse – there are only about 10-15% late model expensive vehicles and the rest are average cars during the weekdays. However, on the weekends, the BMWs, Audis and Lexuses still occupy half of the parking spots. Weekends are the days when the men work out.</p>
<p>The conclusion I draw is that the women are doing the economizing and the men are holding onto their images.</p>
<p><em>A literary recession</em></p>
<p>With nothing at all but time on my hands, job searching for over a year, I&#8217;ve been able to read/re-read/finish abandoned books. So far in 2009, this includes: War and Peace, Anna Karenina, The Magic Mountain and just this past week, La Recherche du Temps Perdu (complete). A rare opportunity!</p>
<p><em>The bus to the plane</em></p>
<p>I always took either a taxi or private bus to or from LaGuardia Airport. This weekend I took an MTA city bus from LaGuardia to the city and it cost $2.50 and was an easy ride.</p>
<p><em>Employment on ice</em></p>
<p>A quantum jump in the number of participants at the Wednesday morning adult recreational ice hockey session at Riverbank State Park. More people are working part time or are currently unemployed. Also, at the evening sessions, most of the conversation in the locker room is about trying to find employment.</p>
<p><em>Coupon competition</em></p>
<p>It&#8217;s become very hard for the workers at a local ShopRite to keep its displays of free newspapers tidy. As soon as the bins are refilled, it seems, shoppers rush to rummage through the papers for their coupon inserts.</p>
<p><em>The art of employment for employment in arts</em></p>
<p>I have had one interview since beginning my job search in August. The position was at a non-profit arts organization, and the interviewer told me she had received over 200 résumés. She was only able to look at the first 100, and about 10 people were interviewed (I did not get the job). I am looking forward to another interview next week.</p>
<p>In some ways, I feel I am back to square one after getting my Master&#8217;s. I had much less trouble finding a job when I originally moved to the city with virtually no experience in 2004, and the jobs for which I am interviewing are essentially the same low-paying, administrative jobs I have always held. HOWEVER, I have been able to spend two exciting years on my art full time, I have received helpful feedback and encouragement from respected artists and critics and met many exceptional artists whom I now count as friends. Overall I am hopeful and looking forward to future projects.</p>
<p><em>Expensive fleas</em></p>
<p>My husband and I visit the local flea market almost every weekend. Lately we noticed that the amount of available parking spaces has dwindled, and the vendors are starting to sell high quality goods for bargain prices. There was a vendor there a few weekends ago that was selling his collection of Omega watches because his wife lost her job and they needed the money. </p>
<p><em>Cash only</em></p>
<p>I was shopping at Century 21 in Westbury and waiting in a longish line when one of the cashiers said, &#8220;Anyone paying with a credit or debit card?&#8221; No one budged except me. </p>
<p><em>Homemade music</em></p>
<p>I host a childrens music website and I’ve noticed that more parents who attend my shows and visit my site are using my “make your own instrument” directions. Instead of buying a first guitar or drum kit for a young child they are doing homemade music jams building their own didgeridoos, box drums, shekeres, etc. </p>
<p><em>Insurance ensurance</em></p>
<p>I have found that insurance companies are trying to raise rates or cut benefits any way they can. My homeowners insurance is making me verify that I have a current subscription for my alarm system. If I can&#8217;t prove it, they will raise my rates. My health insurance wants a copy of my marriage certificate and first page of my latest income tax return (with financial information blacked out) or they will drop my wife&#8217;s coverage. </p>
<p><em>Baby bust? </em></p>
<p>Yesterday, I was the anesthesiologist assigned to labor and delivery at my hospital. Whereas a typical Monday would normally be composed of 2-3 C/Sections and several vaginal deliveries, yesterday was quiet, with only 1 delivery during the 5 hours I was there. The nurses told me it has been very quiet the past several weeks, and suspects that fewer babies were conceived after November, 2008. We&#8217;ll see how long it lasts.</p>
<p><em>We all (don&#8217;t) scream</em></p>
<p>Last winter the Cold Stone Creamery closed for a &#8220;winter break&#8221; with a sign on the window that they would reopen in March. They didn&#8217;t reopen in the spring, and soon an eviction notice appeared on the door. I figured if Americans can&#8217;t keep an ice cream shop open, we&#8217;re doomed. </p>
<p><em>Nanny surplus</em></p>
<p>I am a member of a Yahoo club for Russian-speaking parents. I am seeing more and more ads on our forum whose gist is &#8220;Good Babysitter available ASAP: Due to our family situation, I had to let go of a good babysitter&#8230;etc.&#8221; Before Spring-Summer 2008 we had virtually no such posts. Most of the babysitter-related posts back then discussed &#8220;arrogant babysitters who are requesting too much in pay/vacation/perks.&#8221; Situation clearly changed since then.</p>
<p><em>Plain pens</em></p>
<p>My bank changed its free pens from its groovy turquoise and white &#8220;click&#8221; roller ball-type imprinted with its logo and website to a garden variety basic pen (no imprinting) with a cap.</p>
<p>For the first time since we moved into our home in northern Westchester county 14 years ago, we will not be giving out full-size Hershey bars this Halloween.</p>
<p><em>Less candy</em></p>
<p>Our little &#8216;hood is an increasingly popular trick-or-treating destination for our and neighboring towns, and we will easily get 600 visitors on our porch Saturday night. With me laid off from my publishing job several months ago, and my husband&#8217;s design firm experiencing the expected revenue falloff, we could no longer justify our confectionary largesse. We&#8217;ll be handing out puny little candy pieces just like everyone else.</p>
<p>We&#8217;ll miss the large-eyed astonishment of the little kids who&#8217;ve seemingly never laid eyes on an actual, honest-to-goodness candy bar. And the whoops and calls and thank-you-thank-you-thanks-you&#8217;s of the early teens who are jarred from their feigned worldliness when they see that big honkin&#8217; brown wrapper.<br />
But we&#8217;re sure that our Halloweeners will understand our cutback, and remember that the real point of Halloween is to venture out into the crisp fall night, see one&#8217;s friends and neighbors, and have some good, clean, fun. Oh, jeez; I hope we don&#8217;t get egged.</p>
<p><em>&#8216;Boarded up</em></p>
<p>The local skateboard mafia&#8211;twenty or so boys ranging in age from eight to fifteen&#8211;has taken over the empty planters outside the glossy new Richard Meier building on Grand Army Plaza, Brooklyn. No one from the building chases them away, or appears to pay the slightest attention to them. The boys are very polite and make every effort to accommodate passersby, but what a comedown for this much- ballyhooed luxury building!</p>
<p><em>Door-to-door banker</em></p>
<p>I&#8217;m starting a new business and recently registered for a corporate license. A week later a business banker showed up at my current place of business to introduce himself and to see if I would consider opening my new business account with his bank (Chase Bank). He went on to say that his bank is not the big, impersonal bank I may think that it is (really now). Not to mention his bank is right across the way from my business.</p>
<p>Well this is a first for me. In the 19 years I&#8217;ve been in business, I&#8217;ve never had a banker show up and ask me to open an account with his bank. </p>
<p><em>Pro bono multum</em></p>
<p>Did you know that the city and state are recruiting attorneys to work on a volunteer basis? Overwhelmed by the needs of unrepresented litigants in the recession, the state courts are looking for volunteer attorneys to provide free legal advice in proceedings involving foreclosure, consumer debt, landlord/tenant, and other areas.</p>
<p>But the city and state are also recruiting volunteer attorneys to actually do the everyday legal work of their regular lawyers. The website of the city&#8217;s law department advertises that volunteer attorneys who have recently been laid off are needed to conduct depositions. The state is recruiting volunteer attorneys to serve as law clerks for state judges. Volunteer attorneys are also working in various state and city agencies.</p>
<p>I don&#8217;t have anything against these programs. I have already participated in four of them since being laid off in January, 2009. I am, however, wondering what people would say if the city and state were to begin recruiting people to work as volunteer teachers, firefighters, and police officers.</p>
<p>In the meantime, the volunteer work I have been doing has provided me the opportunity to help other New Yorkers who have been hit by the recession. I have gained experience in landlord/tenant law and employment law to add to my background in real estate, collections, and commercial litigation. Would anyone like to offer me a paying job?</p>
<p><em>Oh,</em>  now <em>you want to help</em></p>
<p>I went into an expensive store where the staff has always been very snotty to me. I have a 2 month old baby, and haven&#8217;t been paying much attention to my clothes. I was wearing old chord pants and a baggy sweatshirt left over from college and did not look hip or fashionable in any capacity. I was looking around, and noticed that this time the staff were falling all over themselves to try to sell me clothes. They were bringing me different outfits they thought I might like, complimenting me, and making small talk. I felt like a celebrity, even though I looked like a ragamuffin. I did buy something small, my first purchase at this overpriced venue.</p>
<p><em>Piggy bank raiders</em></p>
<p>My husband is a coin collector, so my sons and I are very good about always checking our change to pick out anything old or rare before spending it. Since the recession began we have noticed a major upsurge in the number of Buffalo Nickels and Wheat Pennies in circulation. We&#8217;ve guess that hard times have caused people to raid their piggy banks.</p>
<p><em>I&#8217;ll think about it</em></p>
<p>Each year for 38 years, I have received a nasty letter from my apt. rental office notifying me that I must vacate my apt. by a certain date, unless I sign a new lease. This year, they told me how much they value my tenancy and refunded half my security deposit!</p>
<p><em>Face to face bonding</em></p>
<p>A financial advisor from a well-known investment company rang my bell early this morning and gave me a flier about a municipal bond with a yield of 5%. I&#8217;m 30 years old. The catch is that I&#8217;d need to invest $100K and that it wouldn&#8217;t mature until years after I myself start receiving Modern Maturity! Since when did they start selling bonds door to door like girl scout cookies?</p>
<p><em>Free only, please</em></p>
<p>I couldn&#8217;t sell a $400 tv stand for $5, listed for almost a month. Put on the free stuff list I got 20 emails in 24 hours!</p>
</blockquote>
</blockquote>
<p><a href="http://www.economybeat.org/tag/economic-indicators/">Previous uncommon economic indicators</a></p>
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		<title>Signs o&#8217; the times &#8211; Pt II</title>
		<link>http://economybeat.org/living-the-recession/signs-o-the-times-pt-ii/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=signs-o-the-times-pt-ii</link>
		<comments>http://economybeat.org/living-the-recession/signs-o-the-times-pt-ii/#comments</comments>
		<pubDate>Thu, 08 Oct 2009 16:45:21 +0000</pubDate>
		<dc:creator>Jon Brooks</dc:creator>
				<category><![CDATA[living the recession]]></category>
		<category><![CDATA[economic indicators]]></category>
		<category><![CDATA[New York City]]></category>

		<guid isPermaLink="false">http://www.economybeat.org/?p=2097</guid>
		<description><![CDATA[A couple of months ago we did a <a href="http://www.economybeat.org/living-the-recession/signs-o-the-times/">post </a>on the Brian Lehrer Show's <a href="http://panzera.wnyc.org/indicators/contributions/"><strong>Uncommon Economic Indicators web page</strong></a>, where people submit signs of the recession observed around the New York City area. As we wrote, "these won’t show up in any government statistics or charts, but they turn the abstract gloom of macroeconomic numbers into a concrete picture of what’s happening in the community." Time to check in again on recent submissions:  

<blockquote>
<em>Odd job applicants - Brooklyn</em>

I am helping a friend who is sick and getting treatment in Boston by packing and moving his belongings out of his apartment in BedStuy. I posted an ad on Craigslist, offering to pay 100 dollars to 3-4 people for several hours of work just to pack the place up. I received 92 postings in the last 24 hours - not just from the expected recent grads, musicians and writers, but also from engineers, architects, PHDs, construction managers, ex-Military, etc... I was shocked.

<em>Chase bank desperate for customers - Manhattan</em>

I was at the Chase ATM in the Chrysler building and the "customer service" reps were staking out the lobby for potential customers. There was a woman next to me using the ATM with a non Chase card and the rep approached her in mid transaction to pitch her into opening a new account. He was standing over her shoulder pointing at the screen telling her she could save the $3 service fee AND give her $100. Clearly an invasion of personal space. She declined, saying she had to be somewhere but he persisted almost dragging her into the office. I know that retail banking is getting competitive but these tactics are more aggressive than charity workers on the streets....]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.flickr.com/photos/8766152@N05/3208562599/"><img src="http://economybeat.org/files/2009/10/penny3.jpg" alt="penny3" width="112" height="112" class="alignleft size-full wp-image-2116" /></a>A couple of months ago we did a <a href="http://www.economybeat.org/living-the-recession/signs-o-the-times/">post </a>on the Brian Lehrer Show&#8217;s <a href="http://panzera.wnyc.org/indicators/contributions/"><strong>Uncommon Economic Indicators web page</strong></a>, where people submit signs of the recession observed around the New York City area. As we wrote, &#8220;these won’t show up in any government statistics or charts, but they turn the abstract gloom of macroeconomic numbers into a concrete picture of what’s happening in the community.&#8221;</p>
<p>Time to check in again on recent submissions:  </p>
<blockquote><p>
<em>Odd job applicants &#8211; Brooklyn</em></p>
<p>I am helping a friend who is sick and getting treatment in Boston by packing and moving his belongings out of his apartment in BedStuy. I posted an ad on Craigslist, offering to pay 100 dollars to 3-4 people for several hours of work just to pack the place up. I received 92 postings in the last 24 hours &#8211; not just from the expected recent grads, musicians and writers, but also from engineers, architects, PHDs, construction managers, ex-Military, etc&#8230;I was shocked.</p>
<p><em>Old pennies are back</em></p>
<p>I remember this happening in an earlier recession: sort of old coins, such as wheat pennies from the &#8217;40s and &#8217;50s, are turning up in my pocket change. I think people are busting the penny jars open.</p>
<p><em>Chase desperate for customers &#8211; Manhattan</em></p>
<p>I was at the Chase ATM in the Chrysler building and the customer service reps were staking out the lobby for potential customers. There was a woman next to me using the ATM with a non-Chase card and the rep approached her in mid transaction to pitch her into opening a new account. He was standing over her shoulder pointing at the screen telling her she could save the $3 service fee AND (earn) $100. Clearly an invasion of personal space. She declined, saying she had to be somewhere but he persisted, almost dragging her into the office. I know that retail banking is getting competitive but these tactics are more aggressive than charity workers on the streets&#8230;.</p>
<p><em>Costco coupons: Golden Tickets &#8211; Yonkers</em></p>
<p>I am a regular Saturday morning grocery shopper at the Costco. I inquired at the entrance about if the store had the coupons that they mail out to all members. An employee said yes, “they are like gold man!” He repeated the phrase emphatically, “they are like gold!”</p>
<p><span id="more-2097"></span></p>
<p><em>Tasti D-Lite job applications &#8211; Manhattan</em></p>
<p>On my way back from a museum I stopped for a Tasty D-Lite. In the 5 minutes it took to eat my treat, two people came in to fill out an application for employment. The owner asked the applicants not to fill out the applications in the store. Why? Because there were so many of them there would be no room for patrons!</p>
<p><em>Beer yes, whiskey no &#8211; Manhattan</em></p>
<p>I own a rock and roll tiki bar in the East Village. Traditionally, people went to bars as a meeting place, a kind of town hall. Today people are still coming in to celebrate and commiserate, however the purchasing is different. Top shelf whiskey, tequila, vodka, and imported beer sales are down. And the sale of cheaper domestic (ie $3 PBR) beer and well drinks is quite noticeably on the rise. Also, bartenders will tell you that regulars are still tipping, but the weekend warriors that only come in occasionally are either not tipping or tipping less.</p>
<p><em>No museum workers &#8211; Manhattan</em></p>
<p>At the Met Museum, no elevator operators this past Sunday: elevator doors closing on wheel chair occupants, baby strollers. etc, hitting them midway&#8230; no guards in many of the galleries to keep people from touching the paintings and sculptures, etc etc &#8212; not to speak of the miseries to those unfortunate workers who now have no incomes!</p>
<p><em>Nanny surplus &#8211; Queens</em></p>
<p>It seems that everyone in my neighborhood is looking to place their wonderful nanny. We recently told our own sitter that we might need to reduce her hours drastically. We told her she should take some time to think about what she wanted to do. She said she didn&#8217;t need to think, she was staying with us. She knows how many sitters in the area are looking for work&#8230;</p>
<p><em>A perfectly good cigarette butt &#8211; Manhattan</em></p>
<p>As I was waiting for a bus in the theater district one night, I saw a nicely dressed middle aged woman stop, look at the ground, pick up a not finished cigarette butt, stop a few steps later to get out her lighter, light the butt and smoke it.</p>
<p><em>Banks of little interest</em></p>
<p>Just looked at my bank statement and realized that I earned more money last month by picking up change off the sidewalk than I did from interest on my savings account!
</p></blockquote>
<p>We&#8217;ll revisit this quite interesting site in another month or so&#8230;</p>
]]></content:encoded>
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		<item>
		<title>Signs o&#8217; the times&#8230;</title>
		<link>http://economybeat.org/living-the-recession/signs-o-the-times/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=signs-o-the-times</link>
		<comments>http://economybeat.org/living-the-recession/signs-o-the-times/#comments</comments>
		<pubDate>Wed, 19 Aug 2009 23:03:47 +0000</pubDate>
		<dc:creator>Jon Brooks</dc:creator>
				<category><![CDATA[living the recession]]></category>
		<category><![CDATA[economic indicators]]></category>
		<category><![CDATA[New York City]]></category>

		<guid isPermaLink="false">http://www.economybeat.org/?p=395</guid>
		<description><![CDATA[WNYC&#8217;s Brian Lehrer Show has created an online section called &#8220;Uncommon Economic Indicators&#8221; where people submit signs of the recession observed around the New York City area. These won&#8217;t show up in any government statistics or charts, but they turn the abstract gloom of macroeconomic numbers into a concrete picture of what&#8217;s happening in the [...]]]></description>
			<content:encoded><![CDATA[<p>WNYC&#8217;s Brian Lehrer Show has created an online section called &#8220;<a href="http://panzera.wnyc.org/indicators/contributions/"><strong>Uncommon Economic Indicators</strong></a>&#8221; where people <a href="http://www.wnyc.org/shows/bl/economic_indicators/">submit</a> signs of the recession observed around the New York City area. These won&#8217;t show up in any government statistics or charts, but they turn the abstract gloom of macroeconomic numbers into a concrete picture of what&#8217;s happening in the community. Some examples: </p>
<p />
A young man from Jersey City reports:</p>
<blockquote><p>
In my neighborhood some families stopped feeding their pets because they could not afford to do so because of job lost or decrease in the income. I have started feeding these pets as they show in front of my door. This money is my pocket money I get from my parents. I think we should learn to share to get over with this difficult times.
</p></blockquote>
<p>From a mom: </p>
<blockquote><p>
Four years ago every birthday my daughter attended was an elaborate affair held at a party-place (except her own!). Now, my younger daughter has gone to home parties with hot dogs on the grill and home-made cakes.
</p></blockquote>
<p>And from a Brooklynite:</p>
<blockquote><p>
Unfortunately in our neighborhood, there have been a lot of store closings. What I have noticed recently is that every time one of these business closes, a psychic moves in. What that means, I can&#8217;t quite figure out.
</p></blockquote>
<p>Straight from the front lines. </p>
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