The headlines from the news media are quite depressing. Here are some from the time of this article in late November 2020.
It never hurts to be prepared for a potential downturn in the economy. Based on our History of U.S. Recessions, there have been three downturns in the last 30 years, and of course, nobody can forget the Great Recession of 2008-09. It would be in the best interest of any business to be more recession-proof so you can withstand economic challenges.