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Here are five types of business most affected by a recession and how this may impact your wallet. Retail “During a recession, customers tend to spend significantly less than before as they only ...
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.
In the midst of the last global recession in 2008, two entrepreneurs struggling to pay for their apartment had an idea to rent out air mattresses on their floor. Over the next 14 years, Airbnb co ...
Following the 2000s energy crisis, the U.S. automakers failed to produce more fuel-efficient vehicles as opposed to the high-profit sport utility vehicles that were popular in the late 1990s and early 2000s which led to excess inventory and undesirable product. Since the automotive crisis abated, all three American automakers have increased ...
A survey conducted by the British Plastics Federation (BPF) explored how COVID-19 is impacting manufacturing businesses in the United Kingdom (UK). Over 80% of respondents anticipated a decline in turnover over the next 2 quarters, with 98% admitting concern about the negative impact of the pandemic on business operations.
This accelerator effect is most important when business suffers from unused industrial capacity, i.e., during a serious recession or a depression. Chartalist and Post-Keynesian economists question the crowding out of nominal funds thesis because government spending has the actual effect of lowering short-term interest rates by injecting ...
Image source: Getty Images. Bad economy, bad stock market. At least on the surface, this is an easy question to answer. A bad economy nearly always translates to a bad stock market.
The economic impact of the COVID-19 pandemic in the United States has been widely disruptive, adversely affecting travel, financial markets, employment, shipping, and other industries. The impacts can be attributed not just to government intervention to contain the virus (including at the Federal and State level), but also to consumer and ...