My drycleaner in Poway said he’s as busy as usual,but his uncles in Florida said business is WAY DOWN at all his stores. They say people start laundering their silk, and ironing their shirts themselves. He said in the last recession, his business was not affected. He must have meant the 2000 recession, bec. the guy is too young to have been in business in the 1980’s recession. Again, the 2000 recession was a capital spending recession. I knew several families whose breadwinner in the software industry was laid off for at least one year, but overall, consumer spending held up.
If Fl drycleaning business is down, we can expect the same here starting later this year.
