Warning: potentially depressing statistics ahead.
U.S. Recession Model at 100% Confirms Downturn Is Already Here
The novel coronavirus has spurred what will likely be the worst recession in generations as the U.S. economy grinds to a halt and millions lose their jobs.
Bloomberg Economics created a model last year to determine America’s recession odds. The chance of a recession now stands at 100%, confirming an end to the nation’s longest-running expansion.
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All sorts of charts, stats, data, etc. here:
Buckle-in, folks. It's gonna be rough. But good news....... God's got this!
Grace & Peace & Love to you all -
Matt