Are the region's biggest companies conserving enough cash for a recession?

If preserving cash is a must-do in a downturn, then some of the region's biggest companies might be in trouble.

  • By Alex Walsh
  • | 4:50 a.m. August 19, 2022
  • | 0 Free Articles Remaining!
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Most public companies headquartered on Florida’s Gulf Coast had less cash on hand midway through 2022 when compared with the beginning of the year.

Will a smaller reserve hurt those companies if and when there is a prolonged economic downturn — or recession?

 

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