I work in retail and we're seeing negative 20% since January along with many other stores and restaurants, in which I have a personal connection. Visitors are being very circumspect in how they are purchasing this summer compared to many years past. I also have friends in two different real estate firms and they had noticed the downward trend a few months ago, and had revisited expectations and strategies accordingly.
I don't know why it is considered taboo or negative to report on this. Some people regard it as some kind of jinx, but I prefer to hear the reality, so I can make informed decisions. The economy goes up and down, just like the tides, but I'd rather a full-time resident share what they are experiencing instead of putting my head in the sand. (sorry couldn't help myself!)
I've been a visitor since mid-1980s..lived here now 15 years, so have experienced both the high and lows. From what I have seen our tiny economy is very much dependent on the real estate sector. We do get some residual spending from the military families in PC and Niceville. I am not forecasting, I am stating what has already happened in my world view.