|
Even with recession on everyone’s mind, activity involving the buying and selling of businesses has remained consistent.
As of now, it does not seem as if the rate of these transactions have been greatly influenced by the talks/claims of recession. While there is currently a debate over the actual definition of “recession” – Some may define two Quarters of declining GDP as cooling off, while other definitions are stating 2 Quarters of negative growth would be considered a recession – We prefer the term negative growth as the economy is still growing, but at a slower pace, provided the growth is positive.
Based on the underlying data, we could see the economy take a positive jump in the 1 – 1.5% range through 2023, while inflation will stay above 4% through 2023.
As the chart below indicates, values are also recovering from the lows we experienced in 2021.
| 
