Article | September 16, 2022

Cash During A Recession

Source: apg®

Are We in a Recession? If So, Having Cash Helps 

Ongoing stock market volatility and record inflation are fueling predictions of a recession. If the predictions are correct, both businesses and individuals will be looking to protect their liquidity and financial security. And one way to accomplish that is by having cash on hand. 

In the context of a recession, “cash” typically refers to physical currency as well as liquidity in the form of savings and money-market accounts at your bank. These types of accounts help you avoid the stock market’s inevitable ebb and flow, and ride out an economic downturn. 

So, are we in a recession? As of this writing, it is unclear if a recession is under way. An official recession requires two consecutive quarters of declining gross domestic product (GDP). In the first quarter of 2022, the economy shrank 1.6%. Other recession indicators typically include a bear market on Wall Street and rising unemployment.  

access the Article!

Get unlimited access to:

Trend and Thought Leadership Articles
Case Studies & White Papers
Extensive Product Database
Members-Only Premium Content
Welcome Back! Please Log In to Continue. X

Enter your credentials below to log in. Not yet a member of Retail IT Insights? Subscribe today.

Subscribe to Retail IT Insights X

Please enter your email address and create a password to access the full content, Or log in to your account to continue.


Subscribe to Retail IT Insights