Generac Industrials - Q3 earnings call and what it means

Hey everyone, So, Q3 earnings are out for Generac. I'm in the Industrials division and while nothing concrete has been announced about layoffs, the numbers are... interesting. Revenue is down year-over-year, and they're talking about 'macroeconomic headwinds' and 'demand normalization.' Sounds like corporate speak for 'things are slowing down.' I'm trying to read between the lines here. Are these just standard economic cycle adjustments, or is there something more specific to our division? We've had some big projects wrap up recently, and I haven't seen a whole lot of new ones kicking off with the same energy. The hiring freeze rumors are definitely circulating, but that's just whispers, right? Anyone else in Industrials picking up on the same signals? What are your thoughts on how this might play out for us in the coming months? Trying to stay ahead of it, but it's hard to tell if it's just seasonal business or something more serious. Just looking to gauge the general sentiment and see if others are feeling the same unease.