- The previous one was -1
- The composite index is -8 versus the previous -2
“It is clear that inflation has forced the customer to make ‘either/or’ decisions on how to spend their money. We see that the value-added elements of the food sector are severely affected. Our business is not bad per se, but it is not as strong as we would like to see it. This applies On both restaurants as well as retail grocery stores.
“Recruiting qualified hourly staff remains a challenge.”
“Access to unskilled labor is better than it has been since the beginning of the pandemic. Quality is still not great, but the number of people looking for work is great. There are still challenges with recruiting and retaining clerical/administrative staff. Salary and wage expectations from candidates are high Extremely.
“We believe our customers are delaying orders to us due to the high cost of capital.”
“We have seen a rapid slowdown in activity over the past few weeks. Project postponement, delays in issuing permits, etc“.”
