Economic Indicators
27 October, 2008 at 2:17 pm Leave a comment
Sorry to keep banging on about this (now apparently official) recession. But a few things cropped up over the weekend that I thought were worth sharing.
On the downside, over the last couple of days I’ve had reports of a restaurant where the takings are down 20% year on year, the hairdresser whose customers have added an extra week between haircuts and the beautician where you can now get a much coveted after-work appointment on two days notice.
On a more positive note, both freelance and agency mates are reporting unexpected work landing in their laps – from out-of-the-blue new clients to projects that had previously been written off as in Development Hell suddenly springing to life. I can only hypothesise that clients are so scared of having their marketing budgets slashed that they’re spending it while they’ve still got it?
Entry filed under: Life, recession. Tags: credit crunch, economic indicators, economy, recession, tertiary services.
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