MORGAN STANLEY SEES US GDP FALLING BY 30% IN SECOND QUARTER

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MORGAN STANLEY SEES US GDP FALLING BY 30% IN SECOND QUARTER

Economists at Morgan Stanley said the coronavirus outbreak will inflict greater damage on the US economy than previously forecasted, leading to a record 30% plunge in the gross domestic product (GDP) in the second quarter (April to June period), according to Bloomberg.

Key quotes


  • The jobless rate will average 12.8% in the second quarter. 
  • Consumption is likely to fall by 31% in the April to June period. 


NOTE : TRUMP tengah mengusulkan untuk menunda laporan Klaim Pengangguran AS karena peningkatan tajam jumlah Klaim Pengagguran karena banyakan PHK akibat Corona.



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