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The following is a column submitted by the Greater Idaho Falls Chamber of Commerce Board of Directors.
When the COVID-19 pandemic hit America, it devastated our economy. Millions of jobs were lost. Small businesses closed their doors. Domestic retail spending dropped. Industrial production declined. Many of our friends, family members, and neighbors struggled to pay their bills and put food on the table.
Things improved this summer, but we now find ourselves experiencing a spike in cases, locally and across the country. And, once again, the economy is suffering the consequences.
On the day America saw its biggest spike in cases, the Dow dropped hundreds of points. The correlation between the coronavirus and the economy is undeniable.