In Q1 the cost of blogging rose 68% over the previous quarter (92% YOY). This was coming just as 401K accounts were plummeting to 10 year lows. Readers were optimistic the second quarter would bring a decline in blogging cost as home prices continued to slump. However, blogging cost skyrocketed in Q2, rising 763% in just three months, 938% from the previous year. Q3 also appeared to be promising as oil prices decreased back to their May levels. Sadly, this decline still hasn't effected the UtiliGEE blogging cost.
"Previously you could use the oil and housing markets as indicators of what the blogging market would do. That theory seems to be out the window."
Analyst have tried to pinpoint what event would have triggered such a drastic change in blogging market trends without success. All indicators predicted a drop in blogging cost after finals in December. Yet, just as investors were ready for blogging to reach an all time high we reached a 2 year low.
Tommy Tom, a well respected blogging analyst, is beginning to fear what kind of damage this will do to his profession. "We are going back and rewriting our entire cost-of-blog model. It has people questioning the entire industry."
Of all the people interviewed it seems there was only one economist who has an answer to what could have caused this spike. "It appears that even with the rest of the economy in a deep recession the value of time-spent-with-Denny continues to rise at unprecedented rates. Occasional we find occurrences of people thriving during a down turn. That is what happened with McDonald's and Microsoft. Time-spent-with-Denny is the only market that is seeing the same boom as blogging cost. I am beginning to think there is a correlation between these two markets. And if my predictions are correct it could be 2010 before we see another post from UtiliGEE."
When asked if he felt that time-spent-with-Denny would soon be valued higher than Microsoft he responded, "With the decreased demand for PC's, and the limited supply of time-spent-with-Denny, I would say the question is not if it will be valued higher, but when."
14 comments:
That Tommy Tom is one smart cookie. I for one am grateful for his talents as a blog analyst.
This is hilarious. Not to mention a brilliant analysis.
I will miss your musings, however. Hope time-spent-with-Denny can rebound from this obsession...errr.... I mean recession.
I'm really happy for. Love the website. Love the fun, colorful pics. Hope we can come to the HTC.
Jenni
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