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When it comes to the slowing economy, Ellen Spero isn’t biting her nails jus
When it comes to the slowing economy, Ellen Spero isn’t biting her nails jus
游客
2025-04-16
29
管理
问题
When it comes to the slowing economy, Ellen Spero isn’t biting her nails just yet. But the 47-year-old manicurist isn’t cutting,filling or polishing as many nails as she’d like to, either. Most of her clients spend $ 12 to $ 50 weekly, but last month two longtime customers suddenly stopped showing up. Spero blames the softening economy."I’m a good economic indicator,"she says."l provide a service that people can do without when they’re concerned about saving some dollars."So Spero is downscaling,shopping at middle-brow Dillard’s department store near her suburban Cleveland home, instead of Neiman Marcus."I don’t know if other clients are going to abandon me,too"she says.
Even before Alan Greenspan’s admission that America’s red-hot economy is cooling,lots of working folks had already seen signs of the slowdown themselves. From car dealerships to Gap outlets,sales have been lagging for months as shoppers temper their spending. For retailers,who last year took in 24 percent of their revenue between Thanksgiving and Christmas,the cautious approach is coming at a crucial time. Already,expels say, holiday sales are off 7 percent from last year’s pace. But don’t sound any alarms just yet. Consumers seem only concerned,not panicked,and many say they remain optimistic about the economy’s long-term prospects,even as they do some modest belt-tightening.
Consumers say they’re not in despair because,despite the dreadful headlines,their own fortunes still feel pretty good. Home prices are holding steady in most regions. In Manhattan,"there’s a new gold rush happening in the $ 4 million to $ 10 million range,predominantly fed by Wall Street bonuses, "says broker Barbara Corcoran. In San Francisco,prices are Still rising even as frenzied overbidding quiets."lnstead of 20 to 30 offers,now maybe you only get two or three,"says John Deadly, a Bay Area real-estate broke. And most folks still feel pretty comfortable about their ability to find and keep a job.
Many folks see silver linings to this slowdown. Potential home buyers would cheer for lower interest rates. Employers wouldn’t mind a little fewer bubbles in the job market. Many consumers seem to have been influenced by stock-market swings,which investors now view as a necessary ingredient to a sus-tained boom. Diners might see an upside,too. Getting a table at Manhattan’s hot new Alain Ducasse restaurant need to be impossible. Not anymore. For that, Greenspan & Co. may still be worth toasting. [br] Why can many people see"silver linings"to the economic slowdown?
选项
A、They would benefit in certain ways.
B、The stock market shows signs of recovery.
C、Such a slowdown usually precedes a boom.
D、The purchasing power would be enhanced.
答案
A
解析
细节题。依据末段第二句往后的内容可知,无论是购房者、雇主们还是食客们,大家都乐见经济的“slowdown”,大家都能从中获益,所以答案为A。选项D一味说“消费者的购买力增长”过于片面,应排除。
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