Looking for a Sign for how the Economy is Doing?
There are a lot of places you can look to see how well the Economy is doing. You can imagine that if people have a lot of extra money, they most likely will shop at more high end stores. When stores like Dollar Tree are outperforming their projections, it is important to pay attention to what that means. Investor Place published this article about the Q1 Earnings for Dollar Tree.
Target, on the other hand, had a terrible Q1. Their stocks dropped 25% according to this analysis by Investor Place.
What are you seeing in your area? Does it seem like the economy is doing well or not so great?