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‘An economic pandemic’: The coronavirus is becoming a bigger threat to the U.S., economists say
As the coronavirus spreads and raises the risk of recession, some analysts are further downgrading their forecasts for the U.S. economy.
Mark Zandi, chief economist of Moody’s Analytics, estimates the outbreak will reduce growth during the first three months of 2020 by six-tenths of a percentage point to 1.3%, more than…
- USAtoday
The halt to Boeing’s production of its 737 Max airliner also is set to significantly hurt the economy this quarter.
The epidemic’s spread in recent days has sharply increased the number of cases in China, South Korea, Italy and Iran.
The number of…