Monday, November 17, 2008

Walking Away from ... Boats

by Bill McBride on 11/17/2008 11:56:00 AM

From the USAToday: In bad economy, boat owners abandon their vessels (hat tip FFIDC)

Boats have long been a barometer of consumer confidence, disposable income and the overall state of the economy. Now, marina and harbor officials are reporting a sudden increase in the past year in the number of deserted pleasure boats and working vessels.
Talking about disposable income, I'm still waiting for my favorite restaurants to empty out a little ... although not too much because I want them to stay in business.