Village News - Also serving the communities of De Luz, Rainbow, Camp Pendleton, Pala and Pauma

Repercussions from the coronavirus may include recession

 

Last updated 3/26/2020 at 11:55am



City News Service

Special to Valley News

The full economic fallout stemming from novel coronavirus is yet to be determined, but the threat of a national recession looms on the horizon, a University of California Riverside economist said.

“This is unprecedented in nature and by far the worst threat facing the U.S. economic expansion since it began over a decade ago,” Chris Thornberg, director of the University of California Riverside’s Center for Economic Forecasting, said. “Will it end the expansion for the year? Whatever the scenario, from best to worst, we are definitely going...



For access to this article please sign in or subscribe.



 

Reader Comments
(0)

 
 

Our Family of Publications Includes:

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2019