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首页> 外文期刊>US Industry Long-Term Outlook >COVID-19 spread and social distancing drives an historic contraction in US and global economies
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COVID-19 spread and social distancing drives an historic contraction in US and global economies

机译：COVID-19传播和社会距离驱动器历史在美国和全球经济收缩

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Supply chain disruptions and sharp declines in demand related to the extreme steps to limit the spread of COVID-19 - namely strict "social distancing" mandates - along with energy sector weakness from the epic decline in oil prices, are resulting in a deep global contraction of uncertain depth and duration. Production and employment in the US and global economies are set to decline very sharply in the second quarter, continuing a decline that began in the first quarter. The mandated, and quite sensible, policy of social distancing has shut down a broad swath of the global economy, and knock-on effects will impose further economic damage. Massive layoffs in directly impacted industry sectors and sharp declines in the prices of risky assets point to unprecedented ly sharp declines in employment and income and negative wealth effects that further contribute to both the near-term and longer-lasting effects restraining consumer spending. We have now revised downward our forecast of US GDP growth in 2020 to-7%.
机译：供应链中断和急剧下滑需求与极端的措施来限制有关COVID-19——严格的“社会的传播距离”要求——以及能源领域疲软的史诗油价下降,导致全球收缩不确定的深度和持续时间。就业在美国和全球经济在第二季度急剧下降,在第一开始持续下降季。社会距离已经关闭了大片土地全球经济的连锁反应采取进一步的经济损失。在直接影响行业和尖锐减少风险资产的价格点前所未有的ly就业和急剧下滑收入和负的财富效应,进一步对短期和作出贡献更持久的影响抑制消费支出。预测2020年美国GDP增长- 7%。

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