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Is Your Business A Leading Indicator Of A Future Recession?

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By Jennifer Barnes, Founder & CEO

 

The economy runs in cycles with both good times and bad. None of us prefers to be in a recession, but it’s something we all have to deal with. Recessions impact every type of business, large and small, but certain industries tend to be hit first when there’s a recession looming. These “key indicator” industries act as the canaries of the overall health of the economy; when their profits slump, we interpret that as a signal that the economy is slowing down.

 

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DISCLAIMER – Due to the daily changing environment and guidelines being provided by the government, this information could be outdated. Please contact our office for the latest updates and guidelines. Optima Office is not responsible for any actions taken due to the information provided. The information provided here is for instructional purposes and does not represent legal advice being given by Optima Office.

 

 


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