Resurging virus could throw burgeoning economic recovery off its rails
Friday, July 17, 2020 - 09:51
in Mathematics & Economics
The nascent economic recovery that had started to sprout across the nation as businesses reopened following COVID-19-mandated closures, has been thrown a major curveball as new cases of the virus have surged. According to an analysis released today by the UC Riverside School of Business Center for Economic Forecasting and Development, jobs, income, public revenue, and other indicators are likely to recover more slowly than the Center originally anticipated due to the resurgence of the virus in locations across the U.S., including Southern California and the Inland Empire.