I asked a San Francisco taxi driver I happened to sit next to about indicators he sees. I didn’t mean “low oil,” I meant big things. Whether the economy is still falling or not, for one.
Figure out how to collect tip data from cabbies and waiters and you’ve have a good early indicator of economic trends, I’ve always thought. But the cab driver, Richard Roe — also producer of a website on verbal defense tactics and a retired programmer — says no. Tips have been the same. Moods, too.
However, he has noticed one thing. People used to forget their cell phones all the time. With the recession, no lost cell phones.
Then last week someone left something for the first time in months: a shopping bag with a spiral-bound directory of antique stores.
Things could be looking up.
Alison says
What a fascinating indicator. Last month I left a spiral bound notebook at a Morton’s Steak House in Dallas.
Michael W Cristiani says
Ted,
Thanks for the link to Richard’s web site. Priceless.
Fortunately, I have never lost/forgotten my cell phone, but have given up three to H2O (restroom, going for a swim, absentmindedly dropped into and left in a glass of water). What does that indicate?
MANY BLESSINGS!
Peace and All Good!
Michael W Cristiani
Market Intelligence Group, LLC