Somewhere I think I read that the late Fall and Winter months are common times for defaults, with the banks putting them on the shelf to resell them in the Spring.
OT (sort of): my sister does a lot of work for lawyers Somewhere she picked up on a hierarchy of payments (which I have never been able to find) that has people paying their cable TV bill first and their lawyer last. She has noted (as she has before previous economic downturns) that her lawyers are starting to slow-pay her. She has also noted an increase in non-payment cases by General Contractor to their Subs, subs to their vendors, etc.
I went to the RTD website to try to find archives. I could not. I suppose I could go to the libary and look at... well in the old days it used to be microfiche, I don't know what it is now.
My good friend owns a painting contracting business. He says it's slowing. I talk to my client's vendors (wood suppliers) things are slowing and a/r is getting slow too.
3 comments:
Have you looked at the year over year numbers?
Somewhere I think I read that the late Fall and Winter months are common times for defaults, with the banks putting them on the shelf to resell them in the Spring.
OT (sort of): my sister does a lot of work for lawyers Somewhere she picked up on a hierarchy of payments (which I have never been able to find) that has people paying their cable TV bill first and their lawyer last. She has noted (as she has before previous economic downturns) that her lawyers are starting to slow-pay her. She has also noted an increase in non-payment cases by General Contractor to their Subs, subs to their vendors, etc.
More anecdotal grist for the mill.
I went to the RTD website to try to find archives. I could not. I suppose I could go to the libary and look at... well in the old days it used to be microfiche, I don't know what it is now.
My good friend owns a painting contracting business. He says it's slowing. I talk to my client's vendors (wood suppliers) things are slowing and a/r is getting slow too.
Duh, what's a/r?
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