Winnipesaukee Forum - View Single Post - Do you think gas prices will affect lake traffic this summer?

secondcurve · 03-24-2008, 06:43 PM

I am not sure how current economic conditions stack up against prior downturns, but I think it is apparent that many folks are closer to the edge in the spring of 2008 than they have been in recent years. Clearly, the summer of 2008 in the Lakes Region will be less robust than the summer of 2007 as marginal demand will fade due to a combination of sagging assets prices, sky high fuel costs and rising unemployment. The real question is whether the next step from here is up or down. Time will tell.

03-24-2008, 06:43 PM	#15
secondcurve Senior Member Join Date: Jan 2005 Posts: 2,117 Thanks: 1,325 Thanked 559 Times in 288 Posts	I am not sure how current economic conditions stack up against prior downturns, but I think it is apparent that many folks are closer to the edge in the spring of 2008 than they have been in recent years. Clearly, the summer of 2008 in the Lakes Region will be less robust than the summer of 2007 as marginal demand will fade due to a combination of sagging assets prices, sky high fuel costs and rising unemployment. The real question is whether the next step from here is up or down. Time will tell.