Quoted from kool1:I think it's too soon to say how deep the recession will be but the pinball market definitely continues to cool off.
Maybe it's a good thing. Like the stock market, the pinball market was getting a little too rich and frothy. I certainly hope none of the makers have to close.
If there is an actual recession, I think it will be very light... more like the Y2K inventory adjustment recession.
There is still a significant labor shortage in the marketplace. Any layoffs that happen will be offset by new hires. It may help to cool wage growth, which will ultimately wind down inflation.
I just don't get the belief that we are headed to a massive 2008-era recession when there is such a shortage of labor. For it to happen the absolute bottom would have to fall out of the jobs market, and based on corporate profits, I don't see that happening.