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The year before an election always creates a little bit of uncertainty.
Uncertainty about taxes, uncertainty about healthcare, uncertainty about
changes of administration tend to put pause in businesses in terms of
investment and in terms of really longer term and medium term spending. I would
expect this to be no different. I think an increasingly recent phenomenon has
been the increase in minimum wage. And while we continue to see it as a
positive for general workers, clients particularly in consumer and retailer
are having to adjust. While they have adjusted to the labor costs, we have yet
to see whether they will adjust their revenue models or how it will play into
the future.