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BCA Research puts the odds of a US recession in the next year at 60%, and says AI won't bolster the economy as many expect.
In the recession phase, economic activity declines, leading to higher unemployment rates and decreased consumer spending. Prices may stabilize or fall, and investments can become volatile.
A stalwart in showing strong economic activity, the ISM Services PMI has notably slower over the past three months.
Why You Should Care About Farming’s Economic Shifts From start to finish, each seven-to-10-year economic cycle is normal, but opportunity knocks with understanding and planning.
In business and life, change is the only constant we can depend on. To move your business forward in each phase of the economic cycle, you must embrace this philosophy.