Despite Covid-19, Signals Of Economic Health Continue

Published Friday, March 6, 2020,  8:00 p.m. ET

(Friday, March 6, 2020,  8:00 p.m. ET) — Despite growing fear of Covid-19, the U.S. economy continued to show surprising signs of strength, according to data released this past week.

The Organization of Economic Cooperation & Development (OECD) normally updates its forecasts twice a year. Due to fears over the coronavirus, however, the alliance of the world's developed economies chose not to wait until May to issue its next forecast.

On March 2, in an interim forecast OECD made some surprising revisions to its forecast for global economic growth.

To Read the Full Story, Subscribe or
This article was written by a professional financial journalist for Advisor Products and is not intended as legal or investment advice.

© 2024 Advisor Products Inc. All Rights Reserved.