The US economy was expected to grow by 0.4% in Q2 of 2022. The data just released showed that the US economy shrank by 0.9% (-0.9% overall growth). That is a massive miss in estimates. Aware of the implications of a recession on midterm elections, we now have political actors on both sides of the aisle trying to play with the definition of a recession and trying to play up the implications of a recession. I don't care about politics, I care about the small business owners and the families they help feed. In this podcast, we discuss the announcement of a recession and what steps I am taking next to shelter my business from this recession. It is important to remember that the future is still bright, that a recession is not the end of the world - painful, yes, end of the world, no. Stay strong, persevere, plan, and be strategic with your moves. ____ The Work It Michigan Podcast is a weekly podcast celebrating entrepreneurship and business in the High-Five of the USA! Join a community of inspiring entrepreneurs, business owners, and creatives working to continuously improve our state! Follow the Work It Michigan Podcast Online! Social Media: https://sleek.bio/workitmichigan Follow John Jay Website & Blog: https://www.johnjaythomas.com/ Social Media: https://sleek.bio/johnjaythomas Bike Channel: https://www.youtube.com/channel/UCXgH5IOEHvk5H5LLuq_NHHg *Disclaimer: None of the content in this episode should be taken as financial, business, or wellness advice.
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2022/09/271分未満