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Is Your Company Ready for a Downturn in the Economy?

Credit Research Foundation

It’s been 16 years since the last major economic downturn – the banking crisis that started in 2007 and was in full impact mode from 2008 through 2010. Since then, we’ve weathered the COVID-19 pandemic, which many experts predicted would lead to a wave of defaults and business closures. During that period, the U.S.