Yes, it is much slower. I am in the construction field. Underground utilities. We have work, but its the funding from the lenders that's slow........The best thing about our work is that we are the first ones in and the first ones paid
Only slightly in one division. We have been asked to cut our spending as far as donations, lunches on the company credit card, etc. Stuff like that. Every one in the plant is still working, no layoffs.
Just ever so slightly, but not enough to cause more than a brief blip. Mostly due to customers reassessing what is critical & non-critical projects.
The company I work for does after-market repairs & parts supply for power segment companies. Think along the lines of Exelon, Con-Ed, S. Cal Edison, Detriot Edison, Reliant, etc. as well as chemical, paper and refining companies.
Right we are doing pretty good overall because alot of the big power, chemical, refining companies are opting to repair or replace parts, in lieu of new equipment. In monetary figures you could be looking at $1,000,000 in repairs & new parts for a steam turbine rotor compared to $5,000,000 for an entirely new steam turbine rotor.
Jason is busier right now, but they are very understaffed at the moment due to people leaving on their own accord (new jobs, retirement). He is key personnel at the air force base here so his job should be pretty stable as long as the base is here.
I could only hope it would slow down! Mine is one of the few jobs that only gets busier during a recession, now the hospital as a whole will take a hit- but our non pay rate is already 60%, and I expect it will increase.
We had some impact in sales through the last few months of our fiscal year, but things are picking up a little now. We are cautiously optimistc at the moment.
I have had to trim labor usage in all my stores - we are down between 5 and 20% depending on the store. I also am (via attrition) downgrading some salaried positions to hourly. That is a bit of a longer term plan - only one position is changing in the near term.