My industry sources tell me that many of the parking improvements that were scheduled for installation in the third quarter were moved to the second to take advantage of the fact that most parking facilities were empty. This gave the installers an opportunity to do their work without having to work around traffic. Made perfect sense.
That means that Q2 saw a good cash influx for those who had a good order book. However it also means that Q3 could see some challenges. Many companies are just getting back to work, cars are only now starting to return to parking facilities, and owners are a tad reluctant to commit to orders until they see that the worm has in fact turned.
Winston Churchill is famous for quotations. Today on Parknews.biz we featured one of the best: “”Sure I am of this – that you only have to endure to conquer.” And endure we shall.
On that note I will leave you with my two favorite quotes by Winnie.
First, commenting on the dangling participle.
After receiving a Minute issued by a priggish civil servant, objecting to the ending of a sentence with a preposition and the use of a dangling participle in official documents, Churchill red penciled in the margin: “This is the sort of pedantry up with which I will not put.”
And, after maybe a tad too many brandies, he was accosted by a woman who was berating him on his inebriation. His world class response: “Madam, you are ugly. In the morning, I shall be sober.”
It may take a month or two, but in one not too distant future morning, our industry too will be sober. Happy Third Quarter to all.
JVH
