“At least one-fourth of the U.S. economy has suddenly gone idle amid the coronavirus pandemic, an unprecedented shutdown of commerce that has darkened stores from Manhattan to Gilpin County, Colo., the Wall Street Journal reports.
“The study, by the economic-analysis firm Moody’s Analytics, offers one of the most comprehensive looks yet at how much of the world’s largest economy has shut down in the past three weeks, and which states and regions are being slammed the hardest. While the full extent of the economic damage won’t be apparent for years to come, the abrupt halt of commerce caused by state-imposed closures has never occurred on such a wide scale.”
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