First, a thank you to all who gifted a membership or a one-on-one zoom meeting to friends and relatives. We think that they make ideal gifts. Consider it.
And now, our sincere gratitude to all members who took the time to respond to our Friday, July 1 survey about the impact of a recession. Time is an irreplaceable resource. We appreciate your involvement.
Economists define a recession as a period of economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters. We are, or soon will be in a recession.
You can see our survey results below.
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How concerned are you about the impact of a recession? |
|
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Very concerned. Meeting my financial obligations is a challenge. |
0% |
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Somewhat concerned. I am cutting back non-essential spending. |
57.1% |
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Not very concerned or not concerned at all. |
42.9% |
You can you read some worthwhile comments below.
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