“A downturn after a wild upswing isn’t particularly shocking. What’s troublesome is that executives grew or made plans to grow in response to this unprecedented

“A downturn after a wild upswing isn’t particularly shocking. What’s troublesome is that executives grew or made plans to grow in response to this unprecedented demand” In other words this is yet another situation where people who should know better think a percentage drop relative to a huge increase during the pandemic somehow indicates a fundamental problem with the economy rather than a return to normal. And other people who should have known better thought an unprecedented increase due to the pandemic would somehow be the new baseline rather than just a temporary bump. It’s mind blowing how little common sense exists in business and circles.