rpexplorer Wrote:
Jan 13, 2013 7:51 AM
I took the cut as a recognition of the coming (and present) decrease in disposable income. The cut was in their vacation travel section which has not recovered in any appreciable way since 2008. Having just completed my budget and forecast for 2013, the projection showed a 12 pct decrease from 2012 so I expect to cut during the year. As a reference, my business is at 28 pct of peak.