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Recession Profit
A recession is a period of economic decline marked by a drop in GDP1. A recession impacts the profitability of businesses in various ways, such as213:
Reduced profits due to lower consumer confidence and demand.
Tightened credit conditions and higher risk of defaulting.
Cash-flow reductions and difficulty in meeting payments.
Declining dividends and stock prices for shareholders.
Decline in product quality and innovation.
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