One thing to remember is that any large economic upturn or downturn is more a sideturn then anything else.
How much 'consumers' spend only moves a little bit. Even if your market is marks 'decline in GDP' exactly, you probably have such a small portion of it that it is indistinguishable from the effects of any of the normal factors that have an effect on sales.
But when you get into little areas, there's big changes. Markets can double, halve or stay the same. Common sense says luxuries go down, basics stay similar & thrift items go up. Theoretically, there are almost as many opportunities to be expected as threats.
I just had to submit my full name, company name, title, location, email and phone number, all just to get to your data sheet, which turned out to be nothing more than a 2-page press release with no information whatsoever. No pricing to be found anywhere on your website either.
How much 'consumers' spend only moves a little bit. Even if your market is marks 'decline in GDP' exactly, you probably have such a small portion of it that it is indistinguishable from the effects of any of the normal factors that have an effect on sales.
But when you get into little areas, there's big changes. Markets can double, halve or stay the same. Common sense says luxuries go down, basics stay similar & thrift items go up. Theoretically, there are almost as many opportunities to be expected as threats.