Furniture maker here. To a degree, many buyers of handmade furniture tend to be “recession proof” either because they are affluent enough to absorb the extra costs or are retired with no mortgage and fewer fuel overheads.
Wood (mostly from Canada and Eastern Europe) prices spiked badly in the summer, but have come down a fair bit in the last couple of months. Orders are piling in at the moment in the usual pre-Christmas flurry.
My memory of 2008 is many being asked to take pay cuts rather than be made redundant. House prices slowed and went down a bit for a time. It felt more like a stall than a crash to me. The trouble is inflation wasn’t rampant like it is now so a pay cut now would stretch household budgets to snapping point, and this time, there is no option to cut interest rates to help prevent a crash.