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The economic argument for wearing a mask.
That means fewer jobs and more debt. And the U.S. may be in for even worse.
If one quarter differs significantly from another, it’s hard to paint a picture of the entire year.
We have to take the word of economists at the National Bureau of Economic Research, who have been making that call for a hundred years.
The National Association for Business Economics predicts our economy could be growing once again by the third quarter.
It depends on how you read the data, economist Megan Greene of Harvard says.
The economy was humming in January and February. That changed drastically in mid-March as the pandemic took hold.
It’s the sharpest fall since the deepest depths of the Great Recession.
With millions of sudden job losses and an unprecedented economic shutdown, forecasting GDP is different than usual this quarter.
Consumer spending accounts for 70% of U.S. GDP. Is that going to change soon?