American Bankers Association: Bank Economists See Recovery From Deep Recession Beginning in the Third Quarter
May 30, 2020
May 30, 2020
WASHINGTON, May 30 -- The American Bankers Association issued the following news release:
The U.S. economy will experience about a 6% contraction this year, but will begin to recover from a severe second-quarter downturn in the third quarter, according to the latest forecast of the American Bankers Association's Economic Advisory Committee.
While the group, made up of 16 chief economists from some of the North America's largest banks, is unanimous that the economy will . . .
The U.S. economy will experience about a 6% contraction this year, but will begin to recover from a severe second-quarter downturn in the third quarter, according to the latest forecast of the American Bankers Association's Economic Advisory Committee.
While the group, made up of 16 chief economists from some of the North America's largest banks, is unanimous that the economy will . . .