[A CA Guy]

I also noted a recent slight recession starting in two businesses that are a good indication of what will happen down the road to the general economy.

#1 Delivery businesses
#2 Limo services

When you see a slow down in the two businesses above, months later the rest of the economy follows from my life experiences.
Limos are what people and businesses do with EXTRA money and Delivery services are used when a company are too busy to do some things themselves. When it slows down, companies choose to do more themselves.

So my point is this minimum wage increase is coming as the economy is hitting a tough patch, which could result in an economic disaster IMO.

[george76]

These businesses will not do well in a declining market.

Add lots of new government mandates and they may fail...putting employees into the unemployment lines.

[Centurion2000]

When you see a slow down in the two businesses above, months later the rest of the economy follows from my life experiences

Add custom framing shops to your list of indicator businesses.

OF course FedEx isn't really slowing down.