COVID-19 Recession Q3 Update: A Slow Recovery Ahead

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Report Summary:

The economic COVID-induced shockwave created in Q1 and Q2 has left major economies severely depressed. COVID continues to assert its influence in reducing economic recovery globally. There is no effective way to control the virus and resultant infections other than diligence and restraints of normal behaviors.

Job losses continue and consumer confidence has sagged after some improvement in June. While governments in the US and Europe have pumped massive levels of stimulus funding for businesses and individuals, the challenge is predicting the path forward in 2H 2020 and in 2021.

This report updates our economic outlook analysis and measures the impact of Covid-19 through 2021 and beyond.

Table of Contents

Finding Improvement in the Recovery

Is a Better Recovery Coming?

Implications and Issues for Business Planning

Executive Summary

Five Key Questions

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