What do your summer plans include?

Question:

Well, summer is upon us. Yesterday was Memorial Day, the unofficial kick off of Summer 2009. Considering gas prices are on the rise and we’re still facing some pretty heavy duty unemployment numbers, what do your summer plans include?

Answer:

Personally, my summer plans include finishing up school then working to find a job. At this point, any job may be just fine for me.

Gas prices are on the rise, so going away for a week or so may be out of the question for some (and I am even thinking twice about a trip to Florida at the end of the summer).

I think this may be another one of those “staycation” years. Like last year when gas was $4 a gallon, many families opted to stay home rather than go far away to vacation. That may happen again this year.

Caterpillar is expecting its worst and slowest sales year since the end of World War II.

Manufacturing plants of equipment like Caterpillar should be expecting the cuts. Since new construction is down and commodity prices have dropped, there are far fewer people building new things or mining for metals and other commodities.