We live in very interesting and somewhat confusing economic times.
On one hand, the general sentiment is that a recession is a given. By now, you've seen the news of (and perhaps felt the effects of) high inflation, stock market pain, ongoing pandemic uncertainty, and layoffs impacting many tech workers. In fact, a recent CNN poll found that 75% of Americans think we're already in a recession.Opens a new window
But on the other hand, the overall economy appears to be growing, unemployment is very low, and individuals and businesses seem to be spending more than ever. For example, Black Friday and Cyber Monday shopping figures broke records, collectively accounting for more than $20 billion in online spending... a new record.
Additionally, a reported 196.7 million shoppersOpens a new window went to physical stores between Thanksgiving...
