What kind of an economic recovery will we see in 2021? Historically we’ve seen different types of recessions. There’s:
- The “V shape” which is the quick recovery
- The “U shape” which feels more like a slowdown
- The “W shape” which is the double-dip recession
- The “L shape” which is far more severe with longer lasting consequences
Many economists feel like none of these historical models are relevant today so what is? More important, what does it mean for your business growth opportunities?
In this 8 ½ minute video, Tom reviews the different types of recession/recovery models, provides examples, and reveals where EPiC Peer Group member firms are finding success in today’s reality. Don’t miss insights from the Peer Group that your firm needs to capitalize on.
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