All the business news shows spend most of their time speculating on whether or not the recession is over and looking for ways to measure how American business is responding to the economic downturn.
Here’s one of our favorite indicators. We call it the “PI” and it stand for pallet index.
Almost everything we sell arrives at our loading dock on wooden pallets-sometimes eight or ten a day. They eat up valuable space and can be difficult to dispose of. Until the beginning of the summer, we had to beg delivery drivers to take them back and even resorted several times to hauling them away and burning them.
For the last couple of months, they have been disappearing before our eyes. Every time a driver shows up with a delivery, he seems to more than ready to take back a pallet and usually asks if we have any more. If five or six have accumulated, his eyes really light up.
It seems that other stops on his route have a need (for the first time in months) for more pallets than they can get to ship their goods, and the driver is able to sell them our pallets when he makes a delivery.
This seems like a really positive sign to us.
Maybe it is time for MSNBC to add the “PI” to their list of leading economic indicators.
GoodBuyGuys.com is your online source for Permacel gaffers tape,Duracell Procell batteries, Nashua duct tape, Bay State wire ties, Hosa and Entertainment One extension cords and OnStage Stand mic stands. What’s your favorite business health indicator? Share it with our readers.