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The CFO’s Role in a Down Economy
With all the turbulence in the economy over the past several years, there have been increasing discussions about our impending down economy. Experts are seeing us head toward (or already in) a period of economic contraction or decline. After all, down economies are typically marked by various negative indicators, including reduced economic growth, decreased consumer spending, rising unemployment rates, a decline in business activity, and rapidly declining stock markets, and aren’t we seeing much of that already? The end result, unfortunately, is often associated with an economic recession.