I was just noticing that gas prices are going down. This is despite escalation of war with Russia, Israel/Hamas fighting, potentially bringing Iran into the Israel war, and Houthis attacking ships in the Red Sea. All of these wars involving oil producing countries and shipping should make gas prices skyrocket, but instead they are dropping. That only happens if demand is plummeting. Demand for gasoline only plummets if demand for everything is plummeting.

I've noticed that things are slowing at work as well.

May to early July at the yard I ran at was so busy we had to work 6-12s and open the doors at 5:30 just to keep up. We would drop all side jobs. This is definitely a bad sign, if this is new.