Yes folks! It’s here… it’s not coming… it IS here! The recession has begun whether we like it or not.
I’ve spoken with numerous studio and indie ladies at various places and various locations from Dallas to Houston to San Antonio to NYC to LA. They are ALL saying the same thing - business has gotten slow.
As far as I’m concerned, I’m reducing my number of visits especially since gas prices have increased. And I’m betting prices will come down and up charges will either vanish or significantly be reduced. And those studios will either find a way to survive or vanish. I predict those that survive will need to reduce staff (promoters included) and locations and potentially even reduce prices. It will get worse before it gets better.
How will the promoters fight through an impending recession? Will their efforts be quelled by the looming recession? What are your thoughts?