I own a hair salon. Typically, November is my busiest season. It has been SO quiet. A lot of my colleagues are also saying the same thing and have had to close up shop because of it - or get a second job.
People keep saying it will get better and the economy will bounce back but I don’t know. I am so close from just throwing in the towel, closing up shop and getting a corporate gig.
The drop-off started before that and it’s not solely because of student loans, although it is a factor for many.
Lots of layoffs happening, basic living costs shot up and people pulling back sharply on spending.