Tracking the Pandemic’s Economic Footprint
- Keywords:
- covid-19
As vast parts of the global economy shut down in order to control the outbreak of the coronavirus, analysts will be watching a number of timely indicators to track the scope and speed of the disruptions. Equally important will be identifying the hoped for speedy recovery in response to pent-up demand and aggressive policy stimulus once the outbreak subsides. While the focus of this article is on the U.S. economy given more readily available weekly and daily data, the trends here are likely to apply to Canada, which is also dealing with an oil-price shock.
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Douglas Porter
Chief Economist and Managing Director
Douglas Porter has over 30 years of experience analyzing global economies and financial markets. As Chief Economist at BMO Financial Group and author of the popular…(..)
View Full Profile >As vast parts of the global economy shut down in order to control the outbreak of the coronavirus, analysts will be watching a number of timely indicators to track the scope and speed of the disruptions. Equally important will be identifying the hoped for speedy recovery in response to pent-up demand and aggressive policy stimulus once the outbreak subsides. While the focus of this article is on the U.S. economy given more readily available weekly and daily data, the trends here are likely to apply to Canada, which is also dealing with an oil-price shock.
View important Disclosure Statements here.
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