Based on neighborhood fireworks how is your local economy doing?

Non-investing personal finance issues including insurance, credit, real estate, taxes, employment and legal issues such as trusts and wills.
Topic Author
Monsterflockster
Posts: 980
Joined: Wed Nov 20, 2019 11:03 pm

Based on neighborhood fireworks how is your local economy doing?

Post by Monsterflockster »

No official town parade or fireworks show but from what I saw around the neighborhood stocks will be up tomorrow.
:D
Housedoc
Posts: 748
Joined: Thu May 24, 2018 4:25 pm
Location: Alabama

Re: Based on neighborhood fireworks how is your local economy doing?

Post by Housedoc »

Things are GREAT where I am, plenty of $25 and $50 at a time set off for hours.
jebmke
Posts: 25271
Joined: Thu Apr 05, 2007 2:44 pm
Location: Delmarva Peninsula

Re: Based on neighborhood fireworks how is your local economy doing?

Post by jebmke »

lines at the food pantry are a better indicator. Still quite long.
Stay hydrated; don't sweat the small stuff
User avatar
ResearchMed
Posts: 16768
Joined: Fri Dec 26, 2008 10:25 pm

Re: Based on neighborhood fireworks how is your local economy doing?

Post by ResearchMed »

Monsterflockster wrote: Sun Jul 05, 2020 9:38 am No official town parade or fireworks show but from what I saw around the neighborhood stocks will be up tomorrow.
:D
Fireworks have been going off evenings through about 1 or 2 am for quite a few days now.

:annoyed

RM
This signature is a placebo. You are in the control group.
User avatar
warowits
Posts: 505
Joined: Tue Sep 29, 2015 2:38 am

Re: Based on neighborhood fireworks how is your local economy doing?

Post by warowits »

In a small town, with limited economic activity, it looked and sounded like world war 3.
User avatar
ClevrChico
Posts: 3246
Joined: Tue Apr 03, 2012 8:24 pm

Re: Based on neighborhood fireworks how is your local economy doing?

Post by ClevrChico »

We awoke to a fog of cordite. The air quality is the worst I've ever seen, so the economy must be excellent!
jebmke
Posts: 25271
Joined: Thu Apr 05, 2007 2:44 pm
Location: Delmarva Peninsula

Re: Based on neighborhood fireworks how is your local economy doing?

Post by jebmke »

warowits wrote: Sun Jul 05, 2020 10:05 am In a small town, with limited economic activity, it looked and sounded like world war 3.
Sometimes that way here too (rural area outside small town). Also at the start of dove hunting season and the start of goose season.
Stay hydrated; don't sweat the small stuff
User avatar
JoMoney
Posts: 16260
Joined: Tue Jul 23, 2013 5:31 am

Re: Based on neighborhood fireworks how is your local economy doing?

Post by JoMoney »

Lots of firework stands selling the 'approved' fireworks and collecting sales taxes on those.
Surprisingly large amount of illegal fireworks being used as well (assumed illegal because the large airborne fireworks are not approved in my area, there were no sanctioned firework display events, but they could be seen visibly all over town all night long).
🎆 🇺🇸🎆🇺🇸 🎆 🇺🇸🎆 🇺🇸🎆 🇺🇸🎆 🇺🇸🎆
"To achieve satisfactory investment results is easier than most people realize; to achieve superior results is harder than it looks." - Benjamin Graham
User avatar
arcticpineapplecorp.
Posts: 15014
Joined: Tue Mar 06, 2012 8:22 pm

Re: Based on neighborhood fireworks how is your local economy doing?

Post by arcticpineapplecorp. »

Now I know where those stimulus checks went.
It's hard to accept the truth when the lies were exactly what you wanted to hear. Investing is simple, but not easy. Buy, hold & rebalance low cost index funds & manage taxable events. Asking Portfolio Questions | Wiki
User avatar
Stinky
Posts: 14088
Joined: Mon Jun 12, 2017 11:38 am
Location: Sweet Home Alabama

Re: Based on neighborhood fireworks how is your local economy doing?

Post by Stinky »

The fireworks economy in my area is GREAT.

Never saw so many individuals blowing off some steam (and some serious money).
Retired life insurance company financial executive who sincerely believes that ”It’s a GREAT day to be alive!”
User avatar
Doom&Gloom
Posts: 5398
Joined: Thu May 08, 2014 3:36 pm

Re: Based on neighborhood fireworks how is your local economy doing?

Post by Doom&Gloom »

Must be plummeting here. The city park a half-mile away did not have their annual fireworks display. Heard sporadic fireworks from the neighborhood, but the dogs barely even blinked. We were watching the movie Midway last night and scarcely noticed the few fireworks that were going off.
runner3081
Posts: 5978
Joined: Mon Aug 22, 2016 3:22 pm

Re: Based on neighborhood fireworks how is your local economy doing?

Post by runner3081 »

On vacation at the beach... Fireworks, parties and music all night.

Oh yeah, 75% of the young people who were at these parties have a good chance of getting COVID. No social distancing or masks were to be found n patios and decks packed with people.
User avatar
CABob
Posts: 5091
Joined: Sun Feb 25, 2007 7:55 pm
Location: Southern California

Re: Based on neighborhood fireworks how is your local economy doing?

Post by CABob »

Community parade and fireworks show were cancelled. Neighborhood fireworks were present but quite subdued as compared to prior years. Of course we are very concerned about wild fires (see Avatar showing a sunrise through smoky skies).
Bob
tomd37
Posts: 4097
Joined: Thu Mar 01, 2007 9:39 pm
Location: Middle Tennessee

Re: Based on neighborhood fireworks how is your local economy doing?

Post by tomd37 »

Fireworks in the neighborhood were quickly stopped last night when Mother Nature gave huge presentation of her own fireworks that drove the neighbors inside very quickly never to return! I suspect they will be back out tonight. :annoyed
Tom D.
Nummerkins
Posts: 673
Joined: Tue Jun 01, 2010 4:41 pm

Re: Based on neighborhood fireworks how is your local economy doing?

Post by Nummerkins »

The fireworks business has been booming in Michigan. Tons of retailers sold out of product. Almost every city display cancelled. A friend of mine and I did a private display with professional fireworks in a field that was surrounded by houses on 3 sides. It seems like citizens picked up the slack this year.
Today's high is tomorrow's low.
CardioMD
Posts: 205
Joined: Thu Feb 06, 2020 10:40 am

Re: Based on neighborhood fireworks how is your local economy doing?

Post by CardioMD »

Booming. Literally.
“The stock market is a giant distraction from the business of investing.” -Jack Bogle
SquirrelEater
Posts: 74
Joined: Mon May 18, 2020 9:02 pm

Re: Based on neighborhood fireworks how is your local economy doing?

Post by SquirrelEater »

Above average.

I hope next year is a repeat. I can see my town’s show from my driveway, miles away, and watch my neighbors battle each other in the sky. There were three very well funded launch points here.
I don’t know where the mosquitoes were last night, but they were not around. Too much smoke?

Saw a young man push brooming a cup de sac leaving the house today too. Nice to see someone cleaning!
I think everyone was finished around 11 too. Overall pleasant. Lots of the big kind too.

As usual, on the subdivision/community Facebook page, people are blowing up over the fireworks. The mischievous side of me finds that very humorous. Complaining is above average there.

I hope my neighbors saved enough for New Years Eve!
Murgatroyd
Posts: 488
Joined: Sun Jan 21, 2018 7:23 pm

Re: Based on neighborhood fireworks how is your local economy doing?

Post by Murgatroyd »

Fireworks apparently started a fire in the woods behind my house. I called 911.
Jack FFR1846
Posts: 18461
Joined: Tue Dec 31, 2013 6:05 am
Location: 26 miles, 385 yards west of Copley Square

Re: Based on neighborhood fireworks how is your local economy doing?

Post by Jack FFR1846 »

Illegal in my state. Heard a bunch that scared our cats. Someone burned down his garage with them. I wasn't close enough to hear if they first said "Watch this!" before setting off the mother of all fire starters. I guess a contractor somewhere will be economically boosted with the garage rebuild.
Bogle: Smart Beta is stupid
Call_Me_Op
Posts: 9872
Joined: Mon Sep 07, 2009 2:57 pm
Location: Milky Way

Re: Based on neighborhood fireworks how is your local economy doing?

Post by Call_Me_Op »

arcticpineapplecorp. wrote: Sun Jul 05, 2020 10:14 am Now I know where those stimulus checks went.
exactly
Best regards, -Op | | "In the middle of difficulty lies opportunity." Einstein
Call_Me_Op
Posts: 9872
Joined: Mon Sep 07, 2009 2:57 pm
Location: Milky Way

Re: Based on neighborhood fireworks how is your local economy doing?

Post by Call_Me_Op »

tomd37 wrote: Sun Jul 05, 2020 11:25 am Fireworks in the neighborhood were quickly stopped last night when Mother Nature gave huge presentation of her own fireworks that drove the neighbors inside very quickly never to return! I suspect they will be back out tonight. :annoyed
Love when that happens. :)
Best regards, -Op | | "In the middle of difficulty lies opportunity." Einstein
Kookaburra
Posts: 2045
Joined: Thu Apr 02, 2020 11:14 pm

Re: Based on neighborhood fireworks how is your local economy doing?

Post by Kookaburra »

I don’t understand the appeal of buying and setting off fireworks. It’s quite literally setting your cash on fire.
ScubaHogg
Posts: 3522
Joined: Sun Nov 06, 2011 2:02 pm

Re: Based on neighborhood fireworks how is your local economy doing?

Post by ScubaHogg »

Either great or people were purposefully blowing up their own houses for the insurance money. :moneybag
There are more things in Heaven and Earth, Horatio, than are dreamt of in your Expected Returns
02nz
Posts: 10476
Joined: Wed Feb 21, 2018 2:17 pm

Re: Based on neighborhood fireworks how is your local economy doing?

Post by 02nz »

ClevrChico wrote: Sun Jul 05, 2020 10:08 am We awoke to a fog of cordite. The air quality is the worst I've ever seen, so the economy must be excellent!
In my area the air quality was off the charts bad. Really just what we needed in the middle of a respiratory pandemic!

I very much doubt there's a correlation with the economy. But I wouldn't be surprised at all if there were a correlation between illegal fireworks and COVID infection rates going forward (both correlated with irresponsible behavior).
obgraham
Posts: 1613
Joined: Mon Jan 28, 2013 6:30 pm

Re: Based on neighborhood fireworks how is your local economy doing?

Post by obgraham »

People love their fireworks. So do I.

It makes no sense to ban them.
iamblessed
Posts: 1808
Joined: Sat Jun 09, 2018 11:52 am
Location: St. Louis

Re: Based on neighborhood fireworks how is your local economy doing?

Post by iamblessed »

I don't think I ever heard so many fireworks as last night. They are Illegal where I live. LOL I live on the boarder of two towns that fireworks are both Illegal in. I think they are competing who can break the law more. Overall I think it is a good sign. In 2009 it was very quiet around the 4th of July.
Last edited by iamblessed on Sun Jul 05, 2020 5:01 pm, edited 3 times in total.
jebmke
Posts: 25271
Joined: Thu Apr 05, 2007 2:44 pm
Location: Delmarva Peninsula

Re: Based on neighborhood fireworks how is your local economy doing?

Post by jebmke »

obgraham wrote: Sun Jul 05, 2020 3:31 pm People love their fireworks. So do I.

It makes no sense to ban them.
can be very traumatic for pets and vets
Stay hydrated; don't sweat the small stuff
User avatar
Watty
Posts: 28813
Joined: Wed Oct 10, 2007 3:55 pm

Re: Based on neighborhood fireworks how is your local economy doing?

Post by Watty »

A lot of fireworks could be a contrary indicator for the economy.

In good years in our neighborhood lots of people would have out of town spending money. If they are home then spending a hundred bucks on fireworks could easily be a fraction of what they would have spent in a normal year.
User avatar
quantAndHold
Posts: 10141
Joined: Thu Sep 17, 2015 10:39 pm
Location: West Coast

Re: Based on neighborhood fireworks how is your local economy doing?

Post by quantAndHold »

Q: Based on neighborhood fireworks how is your local economy doing?
A: Booming.

Serious answer now...compared to things like rent and car payments, fireworks are cheap entertainment, and a lot of people have been stuck at home without a vacation for a really long time now. My dog would prefer that they stop, but she doesn't get a say.
jebmke
Posts: 25271
Joined: Thu Apr 05, 2007 2:44 pm
Location: Delmarva Peninsula

Re: Based on neighborhood fireworks how is your local economy doing?

Post by jebmke »

Watty wrote: Sun Jul 05, 2020 4:58 pm A lot of fireworks could be a contrary indicator for the economy.
inferior good - like hamburger?
Stay hydrated; don't sweat the small stuff
User avatar
Nate79
Posts: 9354
Joined: Thu Aug 11, 2016 6:24 pm
Location: Delaware

Re: Based on neighborhood fireworks how is your local economy doing?

Post by Nate79 »

Much more fireworks this year than last year but I figure it is more to do with almost all local fireworks shows being cancelled due to Covid19.
mnnice
Posts: 830
Joined: Sat Aug 11, 2012 5:48 pm

Re: Based on neighborhood fireworks how is your local economy doing?

Post by mnnice »

Watty wrote: Sun Jul 05, 2020 4:58 pm A lot of fireworks could be a contrary indicator for the economy.
There also might be an inverse relationship between ability to truly afford fireworks and your impulse control.
Carguy85
Posts: 1227
Joined: Thu Mar 19, 2020 6:26 pm

Re: Based on neighborhood fireworks how is your local economy doing?

Post by Carguy85 »

Fireworks, smokes, alcohol, and lottery tickets...hmmm probably recession proof.
User avatar
Taylor Larimore
Posts: 32839
Joined: Tue Feb 27, 2007 7:09 pm
Location: Miami FL

Empire State Fireworks !

Post by Taylor Larimore »

Bogleheads:

I hope that you were able to see the 4th of July fireworks sent from the top of the Empire State Building in N.Y. City. I can't remember seeing more beautiful fireworks anywhere.

Best wishes.
Taylor
Jack Bogle's Words of Wisdom: "By worshiping at the altar of numbers and by discounting the immeasurable (trust, wisdom, character, ethical values), we have in effect created a numeric economy that can easily undermine the real one."
"Simplicity is the master key to financial success." -- Jack Bogle
vtjon02
Posts: 126
Joined: Tue May 21, 2019 6:08 pm

Re: Based on neighborhood fireworks how is your local economy doing?

Post by vtjon02 »

I hate people who set off fireworks.
friar1610
Posts: 2328
Joined: Sat Nov 29, 2008 8:52 pm
Location: MA South Shore

Re: Based on neighborhood fireworks how is your local economy doing?

Post by friar1610 »

Jack FFR1846 wrote: Sun Jul 05, 2020 12:40 pm Illegal in my state. Heard a bunch that scared our cats. Someone burned down his garage with them. I wasn't close enough to hear if they first said "Watch this!" before setting off the mother of all fire starters. I guess a contractor somewhere will be economically boosted with the garage rebuild.
And we've certainly given the NH economy a nice boost!
Friar1610 | 50-ish/50-ish - a satisficer, not a maximizer
User avatar
abuss368
Posts: 27850
Joined: Mon Aug 03, 2009 2:33 pm
Location: Where the water is warm, the drinks are cold, and I don't know the names of the players!
Contact:

Re: Empire State Fireworks !

Post by abuss368 »

Taylor Larimore wrote: Sun Jul 05, 2020 7:13 pm Bogleheads:

I hope that you were able to see the 4th of July fireworks sent from the top of the Empire State Building in N.Y. City. I can't remember seeing more beautiful fireworks anywhere.

Best wishes.
Taylor
Jack Bogle's Words of Wisdom: "By worshiping at the altar of numbers and by discounting the immeasurable (trust, wisdom, character, ethical values), we have in effect created a numeric economy that can easily undermine the real one."
Wow! I did not know they did that. Did you watch on television?
John C. Bogle: “Simplicity is the master key to financial success."
User avatar
Doom&Gloom
Posts: 5398
Joined: Thu May 08, 2014 3:36 pm

Re: Based on neighborhood fireworks how is your local economy doing?

Post by Doom&Gloom »

Doom&Gloom wrote: Sun Jul 05, 2020 11:02 am Must be plummeting here. The city park a half-mile away did not have their annual fireworks display. Heard sporadic fireworks from the neighborhood, but the dogs barely even blinked. We were watching the movie Midway last night and scarcely noticed the few fireworks that were going off.
I'm going to amend my response: apparently my neighbors are flush because there seem to be more fireworks tonight than last night. DW suggested that the fireworks might have been on sale for 50% off today :moneybag
mrsbetsy
Posts: 479
Joined: Mon Jun 26, 2017 12:16 am

Re: Based on neighborhood fireworks how is your local economy doing?

Post by mrsbetsy »

Fireworks are illegal where I live.

One landed in a trashcan outside an elementary school, caught the school on fire, and nearly burned to the ground.

Firefighters have been extremely busy putting out fires all over our dry hills.

People must have money to literally burn, but our county coiffeurs are surely hurting from it.

Because of COVID and the dry hills, there are no city fireworks. Maybe it would be cheaper to make them official so people are entertaining themselves dangerously and illegally.

I don't understand it.
User avatar
telemark
Posts: 3389
Joined: Sat Aug 11, 2012 6:35 am

Re: Based on neighborhood fireworks how is your local economy doing?

Post by telemark »

jebmke wrote: Sun Jul 05, 2020 4:55 pm
obgraham wrote: Sun Jul 05, 2020 3:31 pm People love their fireworks. So do I.

It makes no sense to ban them.
can be very traumatic for pets and vets
And people with lungs. In Salt Lake City, particulate measurements (as reported by airnow.gov) jumped through red (unhealthy) into purple (very unhealthy), peaking at 239 at 1 am, then spent the next eleven hours gradually improving into a merely moderate yellow at 86. First time I've ever seen it anywhere near that high, and also the first time I've worn a pollution mask indoors. The air purifiers just weren't doing the job.
Grt2bOutdoors
Posts: 25617
Joined: Thu Apr 05, 2007 8:20 pm
Location: New York

Re: Based on neighborhood fireworks how is your local economy doing?

Post by Grt2bOutdoors »

To put it in perspective - the show started around 8:30 pm and continued until 2 am this morning. However, its a tale of two worlds, the other side is hurting terribly, the food pantries are running low and the demand has gone up! I would not say that we are anywhere near back to where we were in the first quarter and 3rd quarter results are not likely to be better. People are cautious.
"One should invest based on their need, ability and willingness to take risk - Larry Swedroe" Asking Portfolio Questions
boomer_techie
Posts: 669
Joined: Fri Jan 18, 2019 5:47 am

Re: Based on neighborhood fireworks how is your local economy doing?

Post by boomer_techie »

According to my neighborhood, we're headed for a mega-depression. Maybe even a cannibalistic extinction event.

(Of course living in a tinder dry forest might have something to do with the total lack of fireworks...)
User avatar
Taylor Larimore
Posts: 32839
Joined: Tue Feb 27, 2007 7:09 pm
Location: Miami FL

Re: Empire State Fireworks !

Post by Taylor Larimore »

abuss368 wrote: Sun Jul 05, 2020 10:21 pm
Taylor Larimore wrote: Sun Jul 05, 2020 7:13 pm Bogleheads:

I hope that you were able to see the 4th of July fireworks sent from the top of the Empire State Building in N.Y. City. I can't remember seeing more beautiful fireworks anywhere.

Best wishes.
Taylor
abuss368 wrote:
Wow! I did not know they did that. Did you watch on television?
abuss368:

Yes.

Taylor
Jack Bogle's Words of Wisdom: “And never forget the important role of luck in your life. Never, never, never, never say, ‘I did it all myself.’ Nobody does it all themselves. And when somebody has the temerity to tell me they did, I say to them: ‘That’s wonderful. I’m not sure I’ve ever met anybody who did it all themselves, but could I ask you one question: How did you arrange to be born in the United States of America?’"
"Simplicity is the master key to financial success." -- Jack Bogle
Whakamole
Posts: 1763
Joined: Wed Jan 13, 2016 8:59 pm

Re: Based on neighborhood fireworks how is your local economy doing?

Post by Whakamole »

People have way too much money.
User avatar
geerhardusvos
Posts: 2046
Joined: Wed Oct 23, 2019 10:20 pm
Location: heavenlies

Re: Based on neighborhood fireworks how is your local economy doing?

Post by geerhardusvos »

Whakamole wrote: Mon Jul 06, 2020 10:38 am People have way too much money.
Or they are just very willing to spend the money they have, and even money they don’t have
VTSAX and chill
cheapedy
Posts: 70
Joined: Mon Sep 19, 2011 2:44 am

Re: Based on neighborhood fireworks how is your local economy doing?

Post by cheapedy »

My tinnitus was aggravated by a loud explosion next door as I watered my summer squash. It was 8:30am! Thought I was safe.
bob60014
Posts: 3739
Joined: Mon Jul 31, 2017 8:59 pm
Location: The Land Beyond ORD

Re: Based on neighborhood fireworks how is your local economy doing?

Post by bob60014 »

What fireworks?
User avatar
bertilak
Posts: 10711
Joined: Tue Aug 02, 2011 5:23 pm
Location: East of the Pecos, West of the Mississippi

Re: Based on neighborhood fireworks how is your local economy doing?

Post by bertilak »

Booming?
May neither drought nor rain nor blizzard disturb the joy juice in your gizzard. -- Squire Omar Barker (aka S.O.B.), the Cowboy Poet
Golf maniac
Posts: 1359
Joined: Wed Dec 27, 2017 1:02 pm
Location: Florida

Re: Based on neighborhood fireworks how is your local economy doing?

Post by Golf maniac »

Saw a video from a helicopter over LA, it looked like the whole city was shooting them off. Crazy. And they were not the little ones, it was the really big ones.
jebmke
Posts: 25271
Joined: Thu Apr 05, 2007 2:44 pm
Location: Delmarva Peninsula

Re: Based on neighborhood fireworks how is your local economy doing?

Post by jebmke »

cheapedy wrote: Mon Jul 06, 2020 3:17 pm My tinnitus was aggravated by a loud explosion next door as I watered my summer squash. It was 8:30am! Thought I was safe.
Same here; and partial hearing loss, mainly on one side. A lot of folks don't realize that loud can be very disorienting for people with hearing impairment. I had to leave a restaurant mid-meal once because I was getting so disoriented I thought I was having a stroke.
Stay hydrated; don't sweat the small stuff
Post Reply