Despite Covid-19, Signals Of Economic Health Continue
(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.
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