Pantheon Macroeconomics - Our current base-case forecast for the second quarter is a 30% annualized drop in GDP, based on our assessment of the hit to discretionary spending by both businesses and consumers.

U.S. | 15 May 2020 Food Service, Autos and Gas Drops Signal Downside Retail Sales Risk
Our current base-case forecast for the second quarter is a 30% annualized drop in GDP, based on our assessment of the hit to discretionary spending by both businesses and consumers.

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15 May 2020 Food Service, Autos and Gas Drops Signal Downside Retail Sales Risk

By Ian Shepherdson

Our current base-case forecast for the second quarter is a 30% annualized drop in GDP, based on our assessment of the hit to discretionary spending by both businesses and consumers.

Posted: 15th May 2020 in 'U.S.'

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