The Economy is improving. woot told me so.
Okay, it really didn’t in words, but more in the actions of the users. For those unfamiliar with the site, woot is a website that sells one item-per-day. When the inventory of that item is gone for they day, you wait until the next to see what they offer. About once every two monts, they hold woot-offs – where there are multiple items per day and once the inventory for one is gone, they pop up another.
Simple, right?
Today is a woot-off. As new items popped up, I notice a difference from the last time they held this event a couple months ago. Items are selling out at remarkable speeds. Even big ticket items are only on the site momentarily before the “Sold Out” graphic pops up. This tells me one of two things.
1. They have less inventory than usual.
2. People are more willing now then earlier this year to spend money without really thinking about it.
While I cannot confirm either, I lean towards and hope for the second. With the recent jumps in the stock market, maybe we are closer then we think to being out of the worst recession I can remember.
w00t!
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