from a GDP and unemployment basis, for sure not.
all those pickup trucks aren't being bought by out of work folks...
what we have is a lot more visibility about the bottom 5 percent.
As we should, but overall, employers have been hiring for a long time.
There are always layoffs.
now maybe to the guys furloughed at Ford's electric truck plant, the EV market may have tanked...
and Ken is right, those real estate markets are going down, but I don't see the crash part.
some segments are clearly soft, shopping centers, office space, etc.
I wonder how HF is doing this year/last year?