6Pack Economic Sampling Survey

[BogeyGolfer.sixpack]

I’m expecting the market to test the lows from a few weeks ago. However this market is fixated on the govt stimulus packages of the past and future.

How’s the 6 pack Main Street making out? My company is still making some products and I’m still working from home. Everything is ok now but it’s been said that everything is on the table - layoffs, furloughs, etc.

My wife is working from home and her company has government contracts for a various types of products, she is working 50-60 hours a week, I am in education and still getting paid as schools have closed...However, several of our friends have lost their jobs and are currently taking advantage of the extra money through unemployment. The biggest gut punch was when I looked at my 401K....damn...but we are blessed to have employment....

 

[kired]

I'm glad that our business was booming prior to this. Our backlog was so large I wondered how we'd handle everything we'd gotten for this year (our manufacturing times vary from a few weeks to 6 months depending on product). We still have a few nice projects expected to come in that will ship late in the year.

It's definitely going to hurt our day-to-day business, but it will probably help us manage the large projects better. I still expect we'll see some types of cuts this summer. That's just what happens when you start missing the targets every month. Sucks. We've got a handful that were planning to retire this summer - so maybe that will help offset the cuts they'll have to make. I'm more worried what our business will look like 9 months from now. I think it's going to be ugly by end of the year unless things miraculously rebound quicker than we expect.

 

[ColoradoDawg]

The business I worked for was very proactive for the PP loan from the feds. I had my hours for a few weeks, but now I am going back up too 40 hours. This PP loan is good 8 weeks, so after that, who knows. We have been saving up for a wedding so luckily we have some savings, but there is no telling how long this will go on for. I work in hospitality and we could be looking at several months with no revenue. I hope they can figure out a vaccine really 17ing fast.