STIHL furloughs 30% of workforce (Virginia Beach)

[Arb23]

STIHL furloughs 30% of workforce at Virginia Beach facility due to 'major excess of inventory'​

www.13newsnow.com

Interesting...

Could be shift to battery stuff or general economic slowdown? Husky's been running an aggressive sale this summer as well...

Something to keep an eye on, for sure!

 

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Interesting indeed.

 

[Arb23]

Its a trailing indicator of a slowdown earlier this year - I heard from quite a few folks business was slow in 1st and 2nd qtr. But that would be very dependent on what part of country you're in.