I've been encouraged by the news I've received from all the clients that I've talked to after this holiday season. Due to their nimbleness, focus and perservance they all good pretty good holiday seasons. Ecommerce was a bright spot in general in an otherwise dismal holiday season.
Amazon today crushed their numbers. Sales up 18%, Net Income up almost 9% - the stock is soaring.
Great antecdotal data.
Lately I've been wondering what economic data is out there that can help me get a better sense of 2009. I know what I hear on the news. But, I've spent a lot of money on an undergrad degree in Economics (Santa Clara - Go Broncos!) and an MBA (Haas, UC Berkeley - Go Bears!). I thought I might put that to work. So, I perused and was going to start spending more time understanding the Consumer Confidence Index, ConsumerFlow and their ilk.
Then, out of the blue, this great post comes from a Mint.com founder. With 900,000 consumer subscribers and $50B in assets tracked in their system, they have a pretty good sample, if not skewed towards younger, more trusting and tech-savvy. I won't even summarize it as you should check it out in its entirety (it's short). The Economy According to Mint.
