video1.0<iframe src="https://www.loom.com/embed/324ab19201e64c9a996f5522119ae8c2" frameborder="0" width="1660" height="1245" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>12451660Loomhttps://www.loom.com12451660https://cdn.loom.com/sessions/thumbnails/324ab19201e64c9a996f5522119ae8c2-fa79e4f1d97827b8.gif464.946This Loom reviews pacing and forecast outlook for second and third quarter. Second quarter pace improved from mid May through last week, but declined three-tenths of a point over the last week, driven by a two-tenths drop in June earlier in the week, before rebounding; overall, the quarter estimate remains at minus 10.5%. The forecast for third quarter stays negative but is still pacing around the minus 5% to minus 6% range, with the estimate lowered from minus 11.2 to minus 11.9; booking is at 44.2% of the quarter estimate versus prior expectation, and the author expects more than 30 points of business between now and July 1, with activity likely starting around the 10th of June.