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" ... This isn't an official statistic note but it is an interesting one. For it's a survey of purchasing managers. Who are the people who go buy the stuff out of which we're going to make stuff in the near future. The actual questions asked are, well, are you buying more now, planning to buy more in the near future, to feed that future production? And it's pretty much true that if people have the pieces and components in stock then they're going to build the whatevers. ... "
" ... Unfortunately, a bad thing about human nature is that once folks believe in a story, they refuse to believe they have been scammed. Often they are embarrassed, and figure that to admit they were wrong is worse than simply keeping their useless whatevers in the closet or out in the garage. But others are really, truly convinced that their initial investment was a good one, and no amount of proof or logic can dissuade them. ... "