Current Economic Conditions

[Jessica]

We have kept all of our MTs and just hired another receptionist. Though not where we'd ideally like to be (who is?), we're doing fine and looking forward to a good year.

Another chiropractic office started sending us clients, and today I spoke with a small business that wants to set up an ongoing service arrangement for their employees and to a large business client that has us coming twice a month. Tomorrow we've got over 15 new clients coming in throughout the day, and I look forward to learning something about why each one came to us.

Clients that aren't traveling are spending more money in their home area. While that's tough for destination locations, it's a boom for local providers. Macroeconomically, it's like taking money from one pocket and putting it in another. It still gets spent, one way or another.

Besides, consumerism alone will not save the economy. That is a myth. There is a greater dollar multiplier from saving than there is from spending. But we all spend our money eventually, especially once we've saved up for something. The travel industry will take a beating as usage patterns change, but it will largely survive.

Aside from hiring a receptionist and keeping our MTs working, Kelly and I have decided to go the extra mile and try to save the economy by buying a home. If our purchase marks the beginning of a rebound, that would be really great.

Economic crises are usually followed by years of prosperity. If you can live through the first, you should be able to participate in the second, no matter your political affiliation.

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[mooki3babiiyonkerz]

Elsewhere, thanks for the good post. I was actually referring to the post that called out R&R on their"political diatribe." I thought R&R was dead on about the tourism. There was a large 1-page ad in our newspaper about a company that was encouraging organizations to save their money and do their conventions by phone and video (of which this particular company was going to help set up, of course). I found it very disappointing that someone was encouraging this in a city that based a good portion of their economy on travel/tourism.

As far as my business is concerned, I have looked in other directions. I have picked up more corporate work, using massage as a necessity vs. a perk for their overworked stress out employees. Doesn't pay as well as convention work, but it keeps me afloat. It's usually me and maybe 1 other therapist vs. 7-10 therapists at a convention. Oh well. Beats working a desk job.

 

[Insane In The Dwayne]

Aside from hiring a receptionist and keeping our MTs working, Kelly and I have decided to go the extra mile and try to save the economy by buying a home. If our purchase marks the beginning of a rebound, that would be really great.



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LOL, thanks. I feel much better now!

And congratulations . Hope you got a good deal.

 

[FarmerCec]

Elsewhere, thanks for the good post. I was actually referring to the post that called out R&R on their"political diatribe." I thought R&R was dead on about the tourism.

I'm the one who called R&R out on the political diatribe. Here's why:

There are posts which are factual examples of how the economy is affecting your business (like yours).

Then, there are posts which try to link the economy to a political view/agenda (R&R's).

Part of R&R's second post was factual (their resort market is down 40% from last year, whereas their urban markets are holding steady). That's a fact that's applicable to this discussion. The political words before & after that statement, which try to cast blame in a political direction, are unhelpful, and don't belong on MassagePlanetL.

 

[Marisa]

Our shop is doing pretty good. It doesn't seem like we've had hugely busy days like we had last year, but it seems to be pretty steady. I think part of that is that we didn't sell gcs for the bigger packages at Christmas like we have in the past few years. But yesterday and today, we had to turn people away (and man, that hurts doing that!)