University of Michigan Economists: Models See Coronavirus-Induced Recession
March 20, 2020
March 20, 2020
ANN ARBOR, Michigan, March 20 -- The University of Michigan issued the following news release:
University of Michigan economists now expect a U.S. recession caused by the coronavirus, though a rapidly evolving, uncertain situation makes drawing firm conclusions difficult.
In an interim update (PDF) (https://lsa.umich.edu/content/dam/econ-assets/Econdocs/RSQE%20PDFs/RSQE_Forecast_Update_(2020.03).pdf) to the U.S. and Michigan Economic Outlook for 2020-2022 released Thurs . . .
University of Michigan economists now expect a U.S. recession caused by the coronavirus, though a rapidly evolving, uncertain situation makes drawing firm conclusions difficult.
In an interim update (PDF) (https://lsa.umich.edu/content/dam/econ-assets/Econdocs/RSQE%20PDFs/RSQE_Forecast_Update_(2020.03).pdf) to the U.S. and Michigan Economic Outlook for 2020-2022 released Thurs . . .