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July 07, 2022

Moody’s: Coronavirus Recession to Cut GDP 2.3%

Predicts 18% Drop in Q2, Rebound in Q3

Mar 29, 2020
Rich Heidorn Jr.
FERC & Federal / Special Reports
By Rich Heidorn Jr. Moody’s Analytics said Friday it expects U.S. gross domestic product to drop by 2.3% for 2020 as a result of the "sudden stop" in the economy because of the COVID-19 coronavirus pandemic. Mark Zandi, Moody's Analytics | Moody's Analytics Moody’s expects a 2.2% drop in first-quarter...

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