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  2. 24 Successful Businesses Launched During Economic Downturns - AOL

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    Revenue in 2019: $1.8 billion Recognized around the world as one of the most iconic American businesses, Burger King got its start in Florida during a post-Korean War recession. It is the second ...

  3. 12 Recession-Proof Businesses and Industries - AOL

    www.aol.com/finance/12-recession-proof...

    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.

  4. How and Why Recession-Proof Your Business Concept - AOL

    www.aol.com/finance/why-recession-proof-business...

    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 ...

  5. List of banks acquired or bankrupted during the Great Recession

    en.wikipedia.org/wiki/List_of_banks_acquired_or...

    Consumer and business bank [70] December 4, 2009: AmTrust Bank: New York Community Bank: Bank [71] [72] December 14, 2009: Hypo Real Estate: Government of Germany: Bank, Mortgage lender December 18, 2009: First Federal Bank of California: OneWest Bank, California Savings and loan association $ 5 × 10 ^ 9 [73] December 18, 2009

  6. 7 Industries That Are Recession-Proof - AOL

    www.aol.com/7-industries-recession-proof...

    Professional and Business Services. 2007 unemployment rate: 4.8%. Peak unemployment rate during Great Recession: 12.4%. Change of unemployment rate during Great Recession: 158.33%. May 2022 ...

  7. COVID-19 recession - Wikipedia

    en.wikipedia.org/wiki/COVID-19_recession

    During the first wave of the COVID-19 pandemic, businesses lost 25% of their revenue and 11% of their workforce, with contact-intensive sectors and SMEs being particularly heavily impacted. However, considerable policy assistance helped to avert large-scale bankruptcies, with just 4% of enterprises declaring for insolvency or permanently ...

  8. List of recessions in the United States - Wikipedia

    en.wikipedia.org/wiki/List_of_recessions_in_the...

    In the Great Depression, GDP fell by 27% (the deepest after demobilization is the recession beginning in December 2007, during which GDP had fallen 5.1% by the second quarter of 2009) and the unemployment rate reached 24.9% (the highest since was the 10.8% rate reached during the 1981–1982 recession). [40]

  9. 5 Types of Businesses Most Affected By a Recession and How ...

    www.aol.com/5-types-businesses-most-affected...

    During a recession, customers tend to spend significantly less than before as they only purchase necessities,” said Steven Templeton, CEO of PracticePro 365, with over 45 years of experience ...

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