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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This article was written by a veteran financial journalist based on data compiled and analyzed by independent economist, Fritz Meyer. While these are sources we believe to be reliable, the information is not intended to be used as financial advice without consulting a professional about your personal situation.

Indices are unmanaged and not available for direct investment. Investments with higher return potential carry greater risk for loss. Past performance is not an indicator of your future results.

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