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I’ve noticed across several of the companies that I work with that there has been a corresponding slowdown in general activity, both in the number of small businesses signing up for new accounts and in the activity that these businesses are seeing in their normal business operations.

I don’t have hard evidence on this, but my theory is that it’s spring break, and small business owners/managers go on vacation along with their kids.  The magnitude of the slowdown seems to be roughly the same as you’d see in the week leading up to Thanksgiving.