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During a recession, consumers and businesses have to get creative to get what they need at the best price. This can mean paying less for goods and services or getting just what they need and no more.
Recession-proof businesses provide essential goods and services, such as health care, groceries, and car maintenance. This means they maintain consistent demand even during uncertain economic ...
Two years ago, many industries struggled because of the COVID-19 pandemic, with retail, restaurant, travel and leisure sectors, in particular, hit hard as millions of Americans were laid off and ...
During a recession, when demand drops precipitously, companies that provide basic materials, chemicals, machinery and components of a growing economy tend to get beaten up.
Here’s a look at some recession-proof options, as well as some ideas for what may outperform nearer to the end of the recession.
Service and Repair Companies. Many service-based industries suffer during downturns, Silver’s Investopedia points out, including restaurants and maid services, because people tend to cut those ...
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