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The consequences in a downturn, when markets are less liquid anyway, could be severe.
Outsourcing can bring other benefits too, especially in a downturn, when bosses are concentrating on the bottom line.
That's understandable; in a downturn, when people stop buying cars, more people need to have their cars repaired.
Homeowners are much less likely to move than renters, especially during a downturn, when they aren't willing (or can't afford) to sell at market prices.
Attitudes to welfare have hardened in recent months, unusual in a downturn when images of hardship usually cause views to soften.
Second, during a downturn, when unemployment is high and job security low, a greater percentage of households and firms are likely to find themselves without access to credit.
Similar(40)
Brands often saw an uplift in sales after launching a TV campaign (and a corresponding downturn when they stopped) but there was no way to know exactly which shows and time slots were performing for them.
We opened in an economic downturn when a lot of people were out of work, and we created educational programming to help people become entrepreneurs and freelancers rather than searching for jobs.
WebOS suffered from a massive downturn when the company was sold a mere nine months ago and all of the hard work the Palm team put into it seemed for naught.
In theory, it's a way to end an economic downturn: when the economy slows, consumers stop spending.
The frenzy over cryptocurrencies in late 2017 took a sharp downturn when the cryptocurrency market lost over $370 billion in January of this year.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com