Since the disruption of global economies has a major impact on all the products and services covered by Strategy Analytics (SA), this analysis was created to provide a common frame of reference for the more detailed analysis that is being produced by individual services for their audiences.
The impact of the COVID-19 catalyst, demand disruption, loss of consumer confidence, rising unemployment, further decline in corporate balance sheets, and loss of value for consumer equity assets as well as these other factors will be a major recession.
The current analysis by Strategy Analytics indicates that the severity of this recession as measured by the change in Real GDP will be unprecedented looking back to the Great Depression.
Contents
Executive Summary
Foreword – A Note on Strategy Analytics’ Approach
The COVID-19 Catalyst and the Impact on Business
Short-Term Economic Impact – US Economy
Global Economic Impact
Assessing the Threats and Opportunities
