Archive for October, 2008

Posted in Business

How to Successfully Navigate Your Business through an Economic Downturn

Date October 1st, 2008 Comment 1 Comment

by: Terry H Hill
An economic downturn is a phase of the business cycle in which the economy as a whole is in decline.This phase basically marks the end of the period of growth in the business cycle. Economic downturns are characterized by decreased levels of consumer purchases (especially of durable goods) and, subsequently, reduced levels [...]