HistoryOfMoneyBankingTradePod
@devinem.bsky.social
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Host of the History Podcast dedicated to the development and evolution of Money, Banking, and Trade. To support the podcast through Patreon www.patreon.com/HistoryOfMoneyBanki… Visit us at moneybankingtrade.com
![Accommodation
The government shutdown and economic malaise are taking a toll on hotel and travel demand.
Administrative and support services
It feels impossible to predict what the hiring and employment market will be in six months. This year has been the most challenging in 15 years of search and staffing. Candidates have failed background checks. Employers have delayed hiring, candidates have accepted counter offers, others have continued interviewing after accepting a new role. These events used to be uncommon and rare. Now they're happening on a regular basis. Revenue swings month to month are drastic. We are trying to budget and forecast, but it is impossible, and I'm on the edge of laying off an employee now. Business has felt recessionary for over a year—no wonder we knew the jobs numbers were off and kept saying there was no way they were as good as reported, and we were correct. These are very tough times for small and midsized businesses.
The level of uncertainty has increased in the face of higher interest rates and borrowing costs. Layoffs in the energy sector are just now being felt, and the federal shutdown will have a compounding impact.
The government shutdown [is an issue impacting our business].
Most of our customers are federal agencies. If there is a shutdown, our business suffers.
Ambulatory health care services
We are seeing major price escalation resistance.
There are numerous factors affecting our outlook and current performance. A general downturn in the economy and economic outlook coupled with increased layoffs and significant increases in prices for day-to-day commodities have reduced demand for those seeking our pediatric urgent care services. Healthcare fatigue is also a factor post-COVID. Couple that with the frankly baseless guidance that the Department of Health and Human Services is providing, there is also a lot of confusion among potential patients of ours of sound medical judgement.
With continued angst over secured overnight fin…](https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:pnx2fjuannbdpy3337ggthpp/bafkreih4fo3jk7iiambdifeixhnhw7rwyl2bhrplypt27shl6bmvrzgpoa)
