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Forum topic by 4hisglory posted 2024 days ago 1551 views 1 time favorited 37 replies Add to Favorites Watch
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4hisglory

73 posts in 2048 days


2024 days ago

I’m sure this has been covered but I wanted to get a broad idea of how things are nationally. Here in NY I do Kitchens, historical renovations, some new construction, and anything else that involves creating something, however business has almost come to a standstill right now. Is this similar everywhere or a NY problem.

Part of the problem here in Upstate NY, is the taxes, mandates etc forced on small business. Between property taxes, the cost of living, and the astronomical tax rates we pay here it is very hard to do business if you are not busy 100% of the time. Here in NY I am required to pay a portion of my employees SSC, Med, Unemployment benefits, as well as the comp etc. How are the other states faring? This has been my families home for 4 generations and I’m considering packing up and moving elsewhere.

I’m interested to hear whats going on in the other states. Thanks for the discussion.

-- 3rd generation craftsman ~ www.passionforwoodworking.com


37 replies so far

View John Ormsby's profile

John Ormsby

1276 posts in 2335 days


#1 posted 2024 days ago

We have the same problem here in the LEFT COAST. This state is extremely anti small business. Every small business person I have talked to in the past six months has reduced employees by at least 50 percent. They just cannot afford to pay the high overhead. The jobs are becoming more sporadic and there does not seem to be any light at the end of the tunnel. Most people are flat out hunkered down and saving what they can. I am still busy but never know when things will dry up. Maybe the new Messiah being sworn in soon will save us all. LOL!!!

-- Oldworld, Fair Oaks, Ca

View Dusty56's profile

Dusty56

11638 posts in 2286 days


#2 posted 2024 days ago

I lost my job back in October due to the economy . I was working at a small custom cabinet and millwork shop about 15 minutes from home for about 3 months when the well dried up….I feel your pain , but from the employees side of the coin instead . Still looking for work : ( .......Come on January 20th 2009 !!!

-- I'm absolutely positive that I couldn't be more uncertain!

View kolwdwrkr's profile

kolwdwrkr

2821 posts in 2188 days


#3 posted 2024 days ago

I’m on the LEFT COAST as well and owned and opporated a small custom woodworking shop. I just shut it down and am filing bankruptcy. I’ve been told by some savvy people that this problem is going to be ongoing for quite some time and a new messiah isn’t going to help much. It will get worse before it gets better. Now I need to find a job. I hope it’s not as difficult as it’s been for Dusy. Sorry man. Keep your head up, you’ll find work.

-- ~ Inspiring those who inspire me ~

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RAH

414 posts in 2475 days


#4 posted 2024 days ago

I’m on the left coast also, central valley California. Been so for over a year now I let go of 7 employees awhile back, put my tool bet back on and have just one employee to keep from killing myself physically. I would like to know when it has hit different areas, when did it first hit you?

-- Ron Central, CA

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4hisglory

73 posts in 2048 days


#5 posted 2024 days ago

I started noticing a decrease in customer inquiries around fall of 2007. The summer of 08 wasn’t really to bad but this winter has really really been noticeable. Do you think we’ll see an increase with spring and the low interest rates? I foresee many people re-financing their homes to consolidate debt which could help the country out as a whole. For we craftsman that could interpret to at least a short and possibly long term boost in business. I am praying whole heartedly. I’m just surprised its still so slow after the new year. Most years it picks up really quick after the holidays are past.

-- 3rd generation craftsman ~ www.passionforwoodworking.com

View dennis mitchell's profile

dennis mitchell

3994 posts in 2912 days


#6 posted 2024 days ago

Ya I sure have seen it slow down. I’ve always seemed to have had at least one project on the horizon. Most of the time I had to turn down work. Now I don’t have anything lined up. If this keeps up I might even have to look for work….ughhh

View Thos. Angle's profile

Thos. Angle

4435 posts in 2560 days


#7 posted 2023 days ago

You can’t afford to have employees in Oregon unless you are really doing business. I don’t know what will come up when I finish the project I’m working on. I assume something will. As someone said there are still 90% of the people working. I guess I need to run down and spend some time with Dennis. Maybe we can dream up something. Carleen and I are intending to go back to Yellowstone Outfitters for the summer and fall. Hopefully they won’t have to many cancelations. 6 months work beats no work and with both of us working we can get by. I been looking for work since the first of November. Never got called for an interview. I think it is my age(62) Why hire and old fart when there are 57 young guys wanting to work.

-- Thos. Angle, Jordan Valley, Oregon

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DrDirt

2356 posts in 2340 days


#8 posted 2023 days ago

I am here in the midwest – and it really seems to be a trickle down, in that there is a wait and see approach.
And once ‘everyone’ is holding off purchases we all grind to a halt.
If people are worried that they might be shown the door Friday morning – they are very reluctant to Gut a kitchen in a house they could have to short sell.
So all these big projects move to the “Maybe next month/quarter/year when things settle down” pile. The upside is that as the recovery begins, there will be a lot of pent up demand for those services that will flood at once.
I am more afraid that the new Obama administration will make California and Oregon look ‘pro’ small business by comparison. The mandates on Social Security, Insurance, and benefits I think will be absolutely crushing. I see more operators of solid businesses with 4-5 people following Ron’s example, and letting all but 1 or 2 go and taking on the work personally just to survive.
Personally I see at least 18 months before anything might be measurably better – and people loosening their purse strings again. The home refinance move and debt consolidation could work also – but the attractive rates have much stricter terms to qualify…so again 1 year plus before things really change.

-- "If we did all the things we are capable of doing, we would literally astonish ourselves." Edison

View 4hisglory's profile

4hisglory

73 posts in 2048 days


#9 posted 2023 days ago

The local state Unions here in NY are pushing for a millionaire tax right now. I don’t understand how they can still not realize that its those same millionaires that pay most of our tax bill, and those same millionaires that own these companies that provide the high paying jobs that in turn provide me with customers. Part of the reason NYS is in such a steep financial free fall is because we lost a large number of our top tax bracket to other states and to the wall street collapse. If they push more out things are going to get so much worse…... Like I said.. I’m really considering relocating. I hear the rebuild efforts down south are still going strong and work is plentiful there. Any southerners that can share some wisdom on that?

-- 3rd generation craftsman ~ www.passionforwoodworking.com

View RAH's profile

RAH

414 posts in 2475 days


#10 posted 2021 days ago

l was from the Real Estate industry and when it slowed down so did my work load. Out of the seven that left one is now a correctional officer working for the state prison system, another is going through the academy to become a California Highway Patrolman. Two others secured jobs in the same industry (roofing) with larger companies in the commercial industry working longer hours traveling farther, however making a larger income than I could have paid them. Another is taking advantage of his GI bill to go back to school. One is the one I rehired and the other I have not kept in touch.

All of them are working, there are jobs in different fields available. They haven’t increased the unemployment figures. I didn’t want to leave the impression that these seven where sitting around and not able to find work.

-- Ron Central, CA

View snowdog's profile

snowdog

1132 posts in 2580 days


#11 posted 2021 days ago

We can only hope that Americans will see that taxing, big gov, and spending is not a way to fix things bail out are just another way to control people. I have given up hope on real change. It is very depressing these days to see the direction we are headed but maybe after 4 years (probably 8) of more tax and gov programs the “right” will wake up and get back to what makes business run better. But that would mean all would have to stop pandering and that seems like it will never happen.

Torches and Pitchforks are all politicians seem to understand anymore. Btu no one has the stomach for revolution, we are all to fat and happy. That sure is changing fast, not so fat and not so happy anymore. Maybe change is coming and we just have not started the fires yet.

-- "so much to learn and so little time"..

View miles125's profile

miles125

2179 posts in 2603 days


#12 posted 2021 days ago

I make my modest living off of rich people and they are running scared. Like who the hell else can afford a front door with 100 man hours in it anyway? This childlike resentment and punishment of the wealthy throughout this country is about to put us all in soup lines. I can’t even watch the news any more for this relentless view being spewed out of supposedly educated politicians mouths.

We don’t have an economic problem. We have a problem with too many citizens in grown up bodies and the maturity of a 9 year old brat.

-- "The way to make a small fortune in woodworking- start with a large one"

View David Freed's profile

David Freed

97 posts in 2265 days


#13 posted 2020 days ago

“We don’t have an economic problem. We have a problem with too many citizens in grown up bodies and the maturity of a 9 year old brat.”

I totally agree.

-- David, Southern Indiana

View Loren's profile

Loren

7230 posts in 2246 days


#14 posted 2020 days ago

There is great opportunity in this market right now. It’s not in
custom luxury goods which depreciate in value, like woodworking.

I enjoy doing woodworking but I wouldn’t recommend now
as a good time to be getting into it professionally.

I wrote a 62 page report about how to make money in a recession.
I’ve been distributing it online with good results. That’s a plug
I guess but since I’ve been making money online since ‘99
I can say a thing or two about the topic. The problem for many
people is that their local economies aren’t buying what they are
selling. To make money under such conditions you have to
sell something else or sell outside your local area – basically go
where the buyers are in some way.

If anybody wants to read it send me a message and I’ll get it to you.

-- http://lawoodworking.com

View Catspaw's profile

Catspaw

236 posts in 2413 days


#15 posted 2020 days ago

I’m on the center coast (midwest). I’ve stated in other threads that I(we) have been fortunate that the boss has aligned us with very rich people. It’s worked so far, but the bad stuff has started to show up. Our current project is the only one in the que due to some “postponements”. When it’s done this month there is nothing else.

We have prospects for things in the future, but, you know….

Our most recent prospecting has led us overseas….mainly Dubai and Russia. If you listen to the sales pitch it sounds very lucrative…...but, as I always say, I don’t beleive anything until the check clears.

I’m lucky in that I can productively use some down time …...but, only some (I’m debt free and have cash in the bank and I’ve positioned myself for a somewhat homesteading, almost-off-the-grid lifestyle). So far the boss hasn’t failed to come up with something.

The economy has certainly got my attention.

-- arborial reconfiguration specialist

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