Dec 2, 2022

FIEGI Report – Recessions and Dentistry

Written By: Ryan Fiegi

Happy December everyone! I hope you had a wonderful Thanksgiving break. Let’s finish 2022 strong. This week we’re going to focus on 2 articles around recessions. Enjoy!

Summary: A recession is defined as 2 consecutive quarters of negative GDP growth. This already occurred in Q1 & Q2 of 2022, therefore we’re technically already in a recession. However, “don’t create a self-fulfilling prophecy. Base all your decisions on what is going on inside your practice – not in the Wall Street Journal! In general, Dentistry is less affected than other sectors of the economy.”


Monthly Quote: 

“As sure as spring will follow winter, prosperity and economic growth will follow a recession.”

– Bo Bennett (Author, Social Scientist, Business Owner, Screenwriter)

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