Why government contracts are your best bet during a global recession

Global economic turbulence

The global economy is entering stormy waters. Goldman Sachs recently raised the probability of a U.S. recession to 35%, citing mounting economic pressures. The stock market has suffered its sharpest decline in years — Thursday marked the worst day since the onset of Covid in 2020.

The S&P 500 is down 7% year-to-date, reflecting growing uncertainty and market instability. Trade tensions and tariff wars are adding fuel to the fire, casting a long shadow over global economic prospects.

Market diversification is crucial

In uncertain times, diversification becomes essential for building resilience. While the private sector often shrinks during downturns, the public sector remains stable and reliable.

Governments have the ability to print money and tend to maintain — or even increase — public spending during economic crises. This makes public procurement a consistent and dependable source of business opportunities.

Hermix: win more public contracts

Hermix helps companies win public contracts with tender monitoring, analysis, and market intelligence based on AI.

We bring B2G – Business-to-government to the 21st century:

• Tender monitoring, email notifications, smart market watch.
• Automated tender summaries and proposal generation with LLM.
• Opportunity qualification: budgets, competition, gaps.
• Deep market intelligence: where are the money, who buys & sells, what, when, where, how.

With Hermix, entering the public procurement market becomes easy and efficient. In times of uncertainty, government contracts can provide the steady growth your business needs.