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While some economists expect a V-shaped recovery, others say it will not be as sharp as the decline, and it could be years before output rises to pre-coronavirus levels.
April 6 -
Coronavirus-driven job losses are way beyond predicted, and expected to get worse, but most still see a V-shaped recovery.
April 3 -
Incoming data continued to show massive hits from the efforts to stem the spread of COVID-19, with jobless claims doubling and the New York manufacturing sector hitting all-time lows in activity.
April 2 -
Wednesday’s economic data were not as bad as projected, but included just the beginning of the effects of the coronavirus on the economy.
April 1 -
Consumer confidence dropped in March as the economy shut down to prevent the spread of the coronavirus, but economists expected a larger decline.
March 31 -
Consumer sentiment fell in March, with the final reading 89.1, its lowest since October 2016, down from 95.9 in the preliminary read.
March 27 -
Initial jobless claims surged, as expected, hitting an all-time high of a seasonally adjusted 3.283 million in the week ended March 21, as the impacts of the coronavirus-driven closures showed in the numbers, the Labor Department said. The previous high for claims was 695,000 in October 1982.
March 26 -
New home sales were up 14.3% from a year ago, despite a 4.4% decline in February to a seasonally adjusted annual rate of 765,000, the Commerce Department reported Tuesday.
March 24 -
As the Federal Reserve continues trying to keep markets liquid as the stock market sinks, economic data are showing the effects of COVID-19.
March 19 -
With a significant decline in new infections in China, positive news may be ahead, one expert says.
March 18