Wage Wars

[gcode]

Yes you have. 

and a buying binge too
a 2nd Okuma MU1000-H, two 2 meter C axis VTL's and 2 small HBM's

[TylerBeer]

High end guitar sales are down after two years of insanity. We're usually a canary in the coal mine

[Incogneeto]

High end guitar sales are down after two years of insanity. We're usually a canary in the coal mine

Hmmmmmmmm any clue to the downturn???


Think Hard...............


"FJB"



"Hey What's with all the Dead Birds? (Joe Biden at his Inauguration)

[TylerBeer]

Hmmmmmmmm any clue to the downturn???


Think Hard...............


"FJB"



"Hey What's with all the Dead Birds? (Joe Biden at his Inauguration)

people being cautious with respect to saving money in anticipation of a recession caused by many factors,none of them being Joe Biden who is maybe even less effective than trump

[CNCAppsJames]

...Joe Biden who is maybe even less effective than trump

See... that right there shows how truly ignorant you are about "policy". You may know a thing or two about Canadian policy... maybe, but regarding US economics calling you ignorant, I'm being VERY generous. So do us all a favor and stick to what you know; robots, guitars and skinny jeans.

[gcode]

High end guitar sales are down after two years of insanity. We're usually a canary in the coal mine

I figure guitar sales were up because a lot of people decided to learn guitar or upgrade their skills during the covid lockdowns. The lockdowns are over and demand for guitars is back to normal.

In our case, our increase in orders is due to FJB's insane energy policies and the chip shortage,
Much of our business is building components for natural gas compressors
We were also building some perishable tooling for the chip manufacturing industry.
That work died off several years ago, but has come back with a vengeance since the chip shortage began.

[mowens]

High end guitar sales are down after two years of insanity. We're usually a canary in the coal mine

Used guitar prices are getting crazy. A friend in the guitar business told me that if I have anything to sell to wait because the prices will go up.

I bought a 2010 Gibson SG Standard that was listed as "very good" for what seemed like a decent price. Got it out of the box and it's unplayable. The setup is so jacked I'm going to take it to a pro to redo.

[JParis]

I bought a Fender Strat Ultra, last Oct...when I ordered it was $1950....they were out of stock but I was told once they back in stock they were going to raise prices...so I pre-ordered to lock it in the price

[MIL-TFP-41]

High end guitar sales are down after two years of insanity. We're usually a canary in the coal mine

No surprise. People were getting "stimulus" checks from tRump and Bidet that many didn't need over the past couple of years. Some used it for necessary shit, like groceries, but many used it as disposable income, buying shit that they really didn't need.

People are creatures of habit, and they like to have nice toys. So once the scamdemic checks went away, first they burned through savings, now they are maxing out credit cards. Credit card maxed out = no nice new guitar.

So yes, slowing guitar sales can be a canary, but when you look at how credit card debt is increasing something like 3X faster than it did after the Great Recession...that is the thing that is killing the canary.

[YoDoug]

Typically hobby industries will be leading indicators of downturns, but they tend to hold up ok during downturns. The population is very divided in how they view the economy. When the Dems are in control, Dem voters that watch CNN think the economy is great and keep living their lives as so. The same goes for R's when they are in control. It keeps some of these industries from really tanking during a downturn. It's the old "recession is when my neighbor loses his job, depression is when I lose mine" expression. Perception goes a long way in influencing peoples spending habits.

The out of control inflation is what worries me about where our economy is heading. It doesn't matter what your perception of the economy is, there is just simply less money left for hobbies after inflation hits and it hits regardless of political persuaded economic perceptions.

[gcode]

The population is very divided in how they view the economy. When the Dems are in control, Dem voters that watch CNN think the economy is great and keep living their lives as so. The same goes for R's when they are in control. It keeps some of these industries from really tanking during a downturn.

This one is a little different.
Gas pumps don't care if you are a D and and R, you're still paying $7 for a gallon of gas
Neither do mortgage rates, when the house you're trying to buy, or sell blows up because the current interest rates blew up the deal, being an R or a D makes no difference

[YoDoug]

This one is a little different.
Gas pumps don't care if you are a D and and R, you're still paying $7 for a gallon of gas
Neither do mortgage rates, when the house you're trying to buy, or sell blows up because the current interest rates blew up the deal, being an R or a D makes no difference

Yeah, that's what I basically said in the second paragraph of my post.

[TylerBeer]

See... that right there shows how truly ignorant you are about "policy". You may know a thing or two about Canadian policy... maybe, but regarding US economics calling you ignorant, I'm being VERY generous. So do us all a favor and stick to what you know; robots, guitars and skinny jeans.

I'm guessing I pay more taxes than you -  and given trump did F'all and Biden is doing F'less, I'd say I have an alright handle on it. Maybe stick to what you know - machining, and being an asshole. oh wait

[TylerBeer]

I figure guitar sales were up because a lot of people decided to learn guitar or upgrade their skills during the covid lockdowns. The lockdowns are over and demand for guitars is back to normal.

That's a big part of it - but people learning to play guitar don't usually buy a $3k Taylor - if anything we should've seen a bump a couple years AFTER the pandemic, but 6 months in we were laughing (Also stimulus checks),  so between free money straight to the ban account, and no free money loans, but it's now far below 'normal', slingshot/whiplash

[TylerBeer]

Used guitar prices are getting crazy. A friend in the guitar business told me that if I have anything to sell to wait because the prices will go up.

I bought a 2010 Gibson SG Standard that was listed as "very good" for what seemed like a decent price. Got it out of the box and it's unplayable. The setup is so jacked I'm going to take it to a pro to redo.

Everyone had high hopes when Gibson's CEO changed, but unfortunately didn't make that many waves. Made some changes we were glad to see though. (no robo tuners, reissued some cool stuff, nicer finishes). Unforunately no huge quality improvements. 

Gibson from like 2002 up to 2018 was atrocious.