1、MARCH 2024Copyright 2024 International Trademark Association.All rights reserved.No part of this publication may be reproduced,distributed,or transmitted in any form or by any means,including photocopying,recording,or other electronic or mechanical methods,without prior written permission of the cop

2、yright owner,except in the case of brief quotations embodied in critical reviews and certain other noncommercial uses permitted by copyright law.Table of Contentsp.4 Executive Summary p.7 Introduction and Methodology p.10 Project Team p.11 Section 1Identifying a Recession p.26 Section 2Financial Imp

3、act of Recession p.41 Section 3Understanding/Preparing for Potential Impact on Trademark Practitioners p.50 Section 4How Stakeholders use Technology in times of Recessionp.74 Appendix 4IP IN TIMES OF RECESSIONIn compiling the data for this report,we have gained a comprehensive understanding of the 2

4、020 recession,primarily driven by the unprecedented COVID-19 pandemic.The pandemics global economic repercussions were substantial,leading to widespread shutdowns,disruptions in various industries,supply chain issues,and a sharp stock market decline.We have also identified key indicators commonly us

5、ed to recognize a recession,including GDP fluctuations,unemployment rates,consumer spending patterns,business investments,and stock market performance.These indicators can help us gauge economic health and anticipate potential economic headwinds.Internally,INTA has consulted with J.P.Morgan to asses

6、s the current economic climate,with the latest report indicating mild recession-like conditions in early 2023.J.P.Morgans analysis relies on the National Bureau of Economic Analysis six-factor test,considering personal income,employment,spending,wholesale/retail sales,and industrial production.Their