2009 Indiana CEO Survey

The below article was written by Chris Harlow, associate director, Butler Business Accelerator.

At a dinner last fall, a local business leader asked me to explain the difference between a recession and a depression.  I had to admit that I didn’t know so of course it was the next thing I searched online.  I could find no clear delineation between the two – some sources say a percentage decline of this or a long-term reduction of that.  What I’ve started to realize is that maybe a depression is when the general populous gets a case of the blues.

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