The economy should be good for audio retailers…

… and here’s why: with lower gasoline prices, lower shipping prices, lower food prices, and maybe even lower import prices, it will be like $7K extra in the bank and the audio gear they buy with it will be cheaper. With commodities tanking, audio will be cheaper to make which is good for the manufacturers.

Here are the details [ aka guestimates]. An average family with 2.5 cars drives 30K miles per year, say. Gas prices will return from $4 to the $2/gallon or so they were before the current administration. At 15 miles per gallon that is a savings of $4K. an average family of 4 spends, say, $15K per year on food. If food goes back to, say, 20% cheaper then that is another $3K in savings annually. Expect shipping, plane tickets, everything gas related to go down 30%.

Assuming people still have jobs…. this will be very positive for people not heavily invested in the stock market [and who aren’t shorting this market. Next time the powers-that-be start shouting DEPRESSION! remind me to short everything in sight. I presume THEY are.].

So, chin up, maties, our hobby isn’t down and out yet. In fact, it may just have gotten a boost. Though it might take awhile for people get over the shock and awe on the news channels and realize their good fortune.