Seasonal slowdown or something bigger? Denver/Colo Springs check-in

J

jeredelectric

New User
Location
Denver, CO
Occupation
Marketing Director
Hey folks,

I handle marketing for a small electrical contractor in the Denver/Colorado Springs area. The past month’s been noticeably slower for us, and I’m curious if that’s just our market or if others are seeing the same thing.

Right now we’re doing SEO, Google ads, social, email, and some referrals. For those of you running shops or crews:
  • Is it slow where you are?
  • What kinds of work or marketing are keeping you busy right now?
  • Anything you’ve tried that actually works (or isn’t worth it)?

I truly appreciate any input.

Trying to keep the calendar full and learn from what’s working elsewhere.
 
I'm an inspector in NJ, at this point things have slowed down quite a bit, we'll have to see if it stays that way.

My kid is in the trade, he was laid off for a for weeks in August, he's back to work now, however I think it was an unusual time to be slow.
 
Every one moving to my area for some reason- it’s busy for me but that is all subjective since I only worry about me and apprentice—-
Houses are selling like hotcakes right now from last October to August nothing sold- now in September half the market is sold
 
Not trying to turn this into a political discussion, but part of the answer is somewhat political.

Trump determined to reduce the size of the federal workforce, and estimates are that around 300,000. Federal employees will have lost their jobs by the end of the year. Add to that a federal hiring freeze, and you have a good number of people who aren't employed anymore.

When you factor in that, the average salary of a US federal worker is about $105,000 per year, that greatly impacts the number of people who are looking to either buy a home or have theirs remodeled.

I'm just saying that as a fact, not stating whether or not I agree with it being done.

I think inflation needs to be added into the equation as well. We've had super high inflation. And the head of the Federal reserve has not wanted to lower interest rates, because lower interest rates mean more buying which in turn means higher prices. So by keeping the interest rates higher, it discourages people from buying and that means the prices come down.

I'm seeing that end of it with a work van. I was looking at a used work van late last year that was going to cost me about $26,000 and now I see the exact same work van for $19,000 - The van I decided on was priced at $9,300 and now that same van I see for around $7,500

My work has slowed down too, and I honestly think that's the most objective way of looking at it.
 
James L said:
salary of a US federal worker is about $105,000 per year
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Nice research by the way. Thanks for that effort.

If recent federal job cuts do lead to increased privatization and automation of government services, the 300k jobs x $105k/yr may create $105m/yr contracts awarded to corporations.

If corporate wealth continues to increase derivatives in the financial sector, rather than the economy, the 31.5B/yr in lost wages comes out of the economy.
 
ramsy said:
Would you agree the 31.5B/yr in lost wages is converted to corporate wealth?
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It’s not necessarily- government theft or corporate theft is what will happen—- how about they take that money and reduce are tax burdens a little—- it’s are money—- hence why government does not create they only take.

They both work with each other—- either party just feeds there own corporations they deem valued and get kick backs—- it’s organized crime
 
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