This a general economic term that refers to prolonged period of economic decline with large numbers of unemployed, shrinking incomes, and general economic hardship

looks

the u.s. census bureau produces data on the population and economy nationwide. it can you to analyze the kind of people living in your neighborhood. it does not show you the market of people willing to buy your product or an existing market for your product. that will require more market research. the census bureau only gives you an insight to the demographics in your area.