Depending on
whom you talk with or what part of the country they live in the
majority of retailers and manufactures will all agree on one thing,
the collectibles market has taken a hiatus.
The general mood of collectors has turned from a spending frenzy
to one of browsing with very little buying.
Retailers are still very optimistic about fourth quarter sales and are hoping for strong sales through Christmas.
This trend
can be contributed to this year's election. Consumers often are
cautious around these times even if the economy is good.
In some areas the collectibles market has been taking a downward
spiral for the past six months and reports indicate that some
markets are down as much as 55% compared to this time last year.
Larger manufactures will survive the 4th quarter while smaller
businesses will have to work harder to make that final sale.
I predict after the election collectors will realize that their
hobbies will go on and they will continue with their buying sprees.
The collectibles
market is not alone when it comes to consumers buying habits.
Retailers across the country are reporting slower sales in most
categories including, giftware, cards, stationary, clothing, cars,
toys, etc. ect.
Increased competition has hampered many markets not to mention
the rising cost of gasoline, food and clothing.
I say keep optimism high and shop till you drop. Here's hoping for a rich and rewarding 4th quarter for retailers and lots of sales for consumers.
Ms. Janie
~*~*~*~*~*~*~*~*~*~*~*~*~*~~*
