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How has COVID-19 Impacted our Economy?

In this interview, News-Medical talks to Professor Adam Rose and his research team about how direct behavioral responses to COVID-19 have impacted the US economy. ....

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Impact of Coronavirus on U.S. Economy Could Be $3-$5 Trillion Over 2 Years: USC Study

Impact of Coronavirus on U.S. Economy Could Be $3-$5 Trillion Over 2 Years: USC Study
December 14, 2020
The COVID-19 pandemic could result in net losses from $3.2 trillion and up to $4.8 trillion in U.S. real gross domestic product (GDP) over the course of two years, a new University of Southern California (USC) study finds.
The pandemic’s economic impact depends on factors such as the duration and extent of the business closures, the gradual reopening process, infection rates and fatalities, avoiding public places, and pent-up consumer demand, according to the research by the USC Center for Risk and Economic Analysis of Terrorism Events (CREATE). ....

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