With economic indicators signaling trouble ahead, Answer Desk readers are bracing for a downturn. Many, in fact, are convinced the sky has already fallen. But some readers are taking a more optimistic approach — like Sheila in Utah who is wondering which businesses do well when the economy heads south.Can you tell me what type of business does well in a recession?
— Sheila, Layton, Utah
Though a recession describes an economy in reverse (it shrinks instead of grows) that refers to the overall level of activity across the country. Some businesses (like housing) and regions (like parts of the industrial Midwest) are already in recession. Others may feel little or no impact from the current economic downturn, which may or may not turn out to have been a recession when all the economic data are collected in a few months.
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