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U.S. Economic Activity During the Early Weeks of the SARS-Cov-2 Outbreak / Daniel Lewis, Karel Mertens, James H. Stock.
- Format:
- Book
- Author/Creator:
- Lewis, Daniel.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w26954.
- NBER working paper series no. w26954
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2020.
- Summary:
- This paper describes a weekly economic index (WEI) developed to track the rapid economic developments associated with the response to the novel Coronavirus in the United States. The WEI shows a strong and sudden decline in economic activity starting in the week ending March 21, 2020. In the most recent week ending March 28, the WEI indicates economic activity has fallen further to -6.19% scaled to 4 quarter growth in GDP.
- Notes:
- Print version record
- April 2020.
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