We are in the export business of musical instrument accessories for violins,violas,cellos,bass & guitar parts from India.

In our line of business,US is a big market for us.But the business from the US specially during the months from April till date has not been what we do every year.What has happened to the US?

Could anyone shed some light on this?

Quoting from [partha]:

We are in the export business of musical instrument accessories for violins,violas,cellos,bass & guitar parts from India.

In our line of business,US is a big market for us.But the business from the US specially during the months from April till date has not been what we do every year.What has happened to the US?

Could anyone shed some light on this?

The US market is not completely down, but experiencing a lot of problems. People have reacted to that in a pretty reasonable way, and among their efforts to solve the problem is "buy American"...

Quoting from [germex]:

Quoting from [partha]:

We are in the export business of musical instrument accessories for violins,violas,cellos,bass & guitar parts from India.

In our line of business,US is a big market for us.But the business from the US specially during the months from April till date has not been what we do every year.What has happened to the US?

Could anyone shed some light on this?

The US market is not completely down, but experiencing a lot of problems. People have reacted to that in a pretty reasonable way, and among their efforts to solve the problem is "buy American"...

Thanks for your answer. we face the same problem.

Quoting from [partha]:

We are in the export business of musical instrument accessories for violins,violas,cellos,bass & guitar parts from India.

In our line of business,US is a big market for us.But the business from the US specially during the months from April till date has not been what we do every year.What has happened to the US?

Could anyone shed some light on this?

I dont think of The us market is completely down.

In my opinion ,the US markest is charge in reason.they are not spend the money on the Luxury goods  most of the people are interested in the live goods and want to save the energy and the money.

It is a good phenomenon

There are various factors for this. Consumer confidence has taken a battering in a big way in the US. People are not willing to spend as easily as they did in the past.




Although the sub-prime crisis has not affected everyone, it has had some impact on the



majority of players (specifically: consumer confidence). The recent debacle over the quality of Chinese goods in the US hasn't helped matters either. I think the world markets in general are slow this year.




We can only hope that things will pick up soon - however, there is no "quick fix" in sight.

Quoting from [partha]:

We are in the export business of musical instrument accessories for violins,violas,cellos,bass & guitar parts from India.

In our line of business,US is a big market for us.But the business from the US specially during the months from April till date has not been what we do every year.What has happened to the US?

Could anyone shed some light on this?

The U.S. has just entered a recession [ref : George Soros], regardless of what George W. Bush has said. History would suggest that it will get a lot worse before it gets better.

Quoting from [partha]:

We are in the export business of musical instrument accessories for violins,violas,cellos,bass & guitar parts from India.

In our line of business,US is a big market for us.But the business from the US specially during the months from April till date has not been what we do every year.What has happened to the US?

Could anyone shed some light on this?

The US Consumer market has been based on credit for a long time. Equity in homes was being cashed for coinsumer expenditure adn this was more than the expoenditure from real income. With the eradication of Consumer equity there is not enough amount of the discretionary dollar in each household for consumption of bare necessitites let alone luxury goods. The US economy is highly susceptible to wide economic swings owing to the debt factor. ANother point to note is that the growth in the US economy has wipe dout small iand independent business owners and replaced them with large mega super stores. So the rate of unemployment is very high and was hidden during the last upswing. Expect the US to be a non consume rfor another two years. You do have an interesting product. citrec@mac.com

Quoting from [partha]:

We are in the export business of musical instrument accessories for violins,violas,cellos,bass & guitar parts from India.

In our line of business,US is a big market for us.But the business from the US specially during the months from April till date has not been what we do every year.What has happened to the US?

Could anyone shed some light on this?

Hi Partha,

The US has never been more down (not in my 51 years).

End of Clinton administration, we were riding high.

1. Largest surplus in US Gov't History ($5 trillion surplus)

2. Gas cost $1 gallon

3. Strong Economy

4. Strong Job Growth (10 million new jobs created)

5. Peace

After 8 Bush years:

1. Largest deficit in US Gov't History ($10 trillion deficit and climbing)

2. Gas cost $4-$5 gallon, Food prices and all others rising 20-30%, Wages in the US are going down.

3. Recession

4. Lost 10 million jobs (outsourcing)

5. Country at War (spending $2-$3 billion per day more than we have), borrowing from China, Saudi Arabia and UAE to continue this insanity. Iraq didn't attack the US, the 9/11 report clearly stated that Iraq had nothing to do with 9/11. Bush lied about their "WMD".

Bush is the worst president in US history (I can't even think of a close second)

People are hurting like I haven't seen in my lifetime: Record foreclosures, Record bankrupty, Record Homeless, Record Business closings, Record Bank Failures, Fanny Mae and Freddy Mac Bankrupt (the larger US house lenders), Record people without healthcare, Record Collapse of housing market (for each person in foreclosure there are 50 more watching their homes value drop like a brick), This has caused a lot of depression in people approaching retirement age who were counting on their home equity as the main part of their retirement.

Many non-necessary businesses are hurting, even Starbucks is closing 600 stores in the US.

Your would-be music business dollars are going to US people's gas tanks, increased grocery bills, increased health care, etc. people aren't buying anything they can do without.

It will get better in 2009, Bush almost is gone..........For your business sake hope that Barack Obama wins the vote.

 

 

Your assessment of the present situation is quite correct, but many people believe that the US has passed the point of no return. Especially the Georgian war has proved that. They lost, and NATO doesn't back up George Bush's plans (idioticies) anymore.

Cheney says that Georgia WILL become part of NATO, and that is clearly just a wish, but nothing he can force to happen. They are both desperate. And as there are too many countries in the world that have an ax to gring with this country, while it becomes clearer everyday that NATO has practically abandoned the US, the future looks extremely grim.

Quoting from [citrec]:

Quoting from [partha]:

We are in the export business of musical instrument accessories for violins,violas,cellos,bass & guitar parts from India.

In our line of business,US is a big market for us.But the business from the US specially during the months from April till date has not been what we do every year.What has happened to the US?

Could anyone shed some light on this?

The US Consumer market has been based on credit for a long time. Equity in homes was being cashed for coinsumer expenditure adn this was more than the expoenditure from real income. With the eradication of Consumer equity there is not enough amount of the discretionary dollar in each household for consumption of bare necessitites let alone luxury goods. The US economy is highly susceptible to wide economic swings owing to the debt factor. ANother point to note is that the growth in the US economy has wipe dout small iand independent business owners and replaced them with large mega super stores. So the rate of unemployment is very high and was hidden during the last upswing. Expect the US to be a non consume rfor another two years. You do have an interesting product. citrec@mac.com

So is all this the end result of Bush's rule for the last 8 years?Can we expect any change if the Democrats comes(Mr Obama is certainly hopeful)to power?

Quoting from [mac-inc]:

Quoting from [partha]:

We are in the export business of musical instrument accessories for violins,violas,cellos,bass & guitar parts from India.

In our line of business,US is a big market for us.But the business from the US specially during the months from April till date has not been what we do every year.What has happened to the US?

Could anyone shed some light on this?

Hi Partha,

The US has never been more down (not in my 51 years).

End of Clinton administration, we were riding high.

1. Largest surplus in US Gov't History ($5 trillion surplus)

2. Gas cost $1 gallon

3. Strong Economy

4. Strong Job Growth (10 million new jobs created)

5. Peace

After 8 Bush years:

1. Largest deficit in US Gov't History ($10 trillion deficit and climbing)

2. Gas cost $4-$5 gallon, Food prices and all others rising 20-30%, Wages in the US are going down.

3. Recession

4. Lost 10 million jobs (outsourcing)

5. Country at War (spending $2-$3 billion per day more than we have), borrowing from China, Saudi Arabia and UAE to continue this insanity. Iraq didn't attack the US, the 9/11 report clearly stated that Iraq had nothing to do with 9/11. Bush lied about their "WMD".

Bush is the worst president in US history (I can't even think of a close second)

People are hurting like I haven't seen in my lifetime: Record foreclosures, Record bankrupty, Record Homeless, Record Business closings, Record Bank Failures, Fanny Mae and Freddy Mac Bankrupt (the larger US house lenders), Record people without healthcare, Record Collapse of housing market (for each person in foreclosure there are 50 more watching their homes value drop like a brick), This has caused a lot of depression in people approaching retirement age who were counting on their home equity as the main part of their retirement.

Many non-necessary businesses are hurting, even Starbucks is closing 600 stores in the US.

Your would-be music business dollars are going to US people's gas tanks, increased grocery bills, increased health care, etc. people aren't buying anything they can do without.

It will get better in 2009, Bush almost is gone..........For your business sake hope that Barack Obama wins the vote.

 Dear Mac,

Thanks so much for your's answer.Got to know a lot about the real state of US economy as it is now.So can we expect somekind of remedies if the Democrats somes to power in the US?