Gerald R. Ford School of Public Policy: Healthcare Sector Takes a Hit Amidst the Broader Economic Downturn
May 02, 2020
May 02, 2020
ANN ARBOR, Michigan, May 2 -- The Gerald R. Ford School of Public Policy issued the following news:
The news released on April 30 that the U.S. economy had shrunk 4.8 percent in the first quarter of 2020 confirmed that the country is poised to experience a deep recession. The analyses of Ford School economists Betsey Stevenson and Justin Wolfers have indicated the slowdown is an understandable reaction to the coronavirus pandemic. What is unknown is how long the recession could last . . .
The news released on April 30 that the U.S. economy had shrunk 4.8 percent in the first quarter of 2020 confirmed that the country is poised to experience a deep recession. The analyses of Ford School economists Betsey Stevenson and Justin Wolfers have indicated the slowdown is an understandable reaction to the coronavirus pandemic. What is unknown is how long the recession could last . . .