re: US officially enters recession - GDP contracted by 0.9% in Q2.

People in any sort of B2B sales is noticing the trends more than others. Delaying/canceling contracts, requesting deep cuts in fees/prices, longstanding relationships putting work out to bid to cheaper alternatives, etc.

Then of course on the sales side there is pressure to increase fees due to inflation and increasing fees from their vendors, higher salary demands, etc. It's becoming very obvious that something is about to give.

Eta
Another side of it is the pullback of PE and VC money causing companies to have to slam the brakes on planned growth and often slash jobs that were meant to handle the growth.