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Posted at Jan 23, 2014 by MG

The Impact of the Financial Crisis on the U.S. Dental Industry »

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The financial crisis of 2007-2009, which is regarded as the worst crisis since the Great Depression, had devastating effects on the U.S. economy and led to the global recession of 2009. Unemployment surged, financial institutions collapsed, and consumer confidence slumped as a result of the crisis. Also, the economic downturn had negative effects on the U.S. dental industry, causing patient visits, practice collections, and net income to plummet.

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