tough times for all.... Boeing cuts 4500, Microsoft cuts 5000, Intel along with soo many others with medium and small biz following suit. Yamaha shutting down ops for a week, Toyota doing the same... it is just getting ugly! HD is facing every tougher times as more people get laid off, lose their ability to buy, and pay for what they have already. We are only at 7% unemployment and they say we are heading for over 10. It hit 25% during the great depression, but still.... things are tough and will get worse before they get better. The biggest issue for HD (and other luxury businesses) is that (economists are saying this is not a recession, implying a rebound, but instead a resetting fo the global economy)... meaning that things will bottom, andd then slowly begin moving again... but not rebound back to where things were in recent years, hell, recent decades. No rebound.... no new buyers... no new money... means no one can afford luxury items, like 20K motorcyccles.
Good luck HDMoCo... you and the rest of us are going to need it!