Looming recession.

[cs1977]

With all the B.S happening with Trump tariffs "make America great again" Im wondering how much it will affect this industry.
Normally inflation and prices go down during a recession. I do feel a recession coming soon is inevitable .
Even though the GTA (IMO) is very reasonably prices (compared to US SP's)
Im wondering if the companies are forced to do layoffs ,if the prices will go down?
With all the uncertainty , I for one have already spent way less on this hobby compared to this time last year and the year before and I have a pretty stable (recession proof) job.
Pease share your thoughts.

 

[Jenesis]

Guys always think prices will go down. Indy’s will maybe have specials. Agencies will not be lowering prices. It didn’t happen in 2008. It won’t happen now.

 

[Goodoer]

As it relates to this industry, all us perverts can hope for is that the ladies are able to remain in the business looking after us.

 

[superman2006]

Escort businesses are basically the stock market of the streets—when the economy is booming, it’s all champagne, penthouses, and “no, I don’t need to check the price.” But when a recession hits? Suddenly, everyone’s asking about budget-friendly companionship like it’s a costco membership.

High-end clients start ghosting harder than a bad Hinge date, and luxury escorts go from sipping Dom Pérignon to Googling “side hustle ideas.” Meanwhile, bargain hunters show up like, “So, uh… do you do layaway? Maybe a punch card—10 visits, 1 free?”

And let’s not forget the mid-life crisis crowd—just got laid off, wife left them, stock portfolio tanked. Now they’re out here calling escorts for emotional support like it’s a recession therapy hotline.

So yeah, when escorts start running Black Friday deals in March, you know the economy’s down bad.

 

[Ceiling Cat]

During a recession or economic depression, financial hardships affect everyone, including those who are well-off. However, this is not a typical economic slowdown, it is one driven by a madman who is imposing tariffs on numerous countries worldwide, exacerbating financial instability. The world is closer to World War III than at any time since WWII, adding another layer of uncertainty. There are two primary reasons why people will cut back on luxuries: economic setbacks and fear for the future. Those who are already struggling will eliminate luxuries due to reduced income, prioritizing necessities such as food, housing, and healthcare. Even those who can afford luxuries may hesitate to spend, as uncertainty about job security, rising costs, and a potential global conflict make saving and financial caution a priority. With credit tightening and consumer confidence falling, discretionary spending naturally declines. Additionally, social pressures shift, making frugality more acceptable during uncertain times. The combined impact of economic hardship and geopolitical instability leads people to rethink their financial choices, focusing on long-term security rather than short-term indulgences.

Since Trump took office, the Doomsday Clock has ticked one second closer to midnight, and he may yet push it even closer.

Guys always think prices will go down. Indy’s will maybe have specials. Agencies will not be lowering prices. It didn’t happen in 2008. It won’t happen now.

During hard economic times, as layoffs increase and financial pressures mount, some individuals may turn to the SP biz as a way to earn income. This service has a low barrier to entry, making it an accessible option for those in need of immediate income. Additionally, people who were previously in the SP biz, either part-time or full-time, may return to the industry to supplement their income. Others may offer one-time or occasional service as a temporary solution to cover urgent expenses, such as rent or a bill, without committing to a regular schedule. With more people offering SP services and demand potentially decreasing due to economic strain, competition will rise. In such situations, unadvertised discounts may become common as SPs attempt to attract and retain regular clients, adjusting their pricing to secure steady appointments in a challenging market.


FYI - I follow the world financial news closely. Luxury goods from brands like Chanel, Louis Vuitton, and Gucci are now being discounted at retailers, signaling weaker demand. Ford is slashing prices on its $89,000 F-150 trucks by $11,000 just to move inventory. Since 2020, fast food chains like McDonald's have experienced a significant decline in customers, with many never returning to pre-pandemic levels due to economic shifts, financial uncertainty, and changing spending habits. As economic instability grows, luxury goods and services will become less of a priority for consumers, reflecting a broader shift in how people allocate their money.

 

[onomatopoeia]

Looming recession.

Who uses a loom these days, other than the Amish and the children in Bangladesh who make our clothes?

 

[LTO_3]

People will adjust as they always do when there's an economic slowdown by taking care of things on the home front before spending on extra curricular activities including seeing SPs/MPs. Like always, it may temporarily slow things down but it will always be there and usually prices don't change significantly if at all. Sadly this isn't because of something occurring economically world-wide but created by DUMB Donald.

LTO_3

 

[Patron]

Commodity prices go down during a recession, and some product prices go down during a recession, largely as a result of the materials inside them going down in price.

Labor costs rarely ever go down, some are just unfortunate and lose their jobs. A few high-tech companies tried to offer reduced wages instead of doing layoffs during the dot com crash and it wasn’t well received.

Professional service prices rarely decline during a recession. The professional service providers make less due to lower demand, and increases in hourly rates do not occur.

Sex workers in North America and most of Europe view themselves as professional service providers, not a commodity.

It is a different story in much of Asia and even at FKKs where there is a level of negotiation. The customers sometimes report better negotiation terms during a recession.

But I have never seen a high-end escort in North America or Europe reduce rates due to a recession.