Economic Downturn: Difference between revisions
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=May 2020= | =May 2020= | ||
*4.8% quarter drop - [https://www.statista.com/chart/18839/quarterly-real-gdp-growth-in-the-united-states/] | *4.8% quarter drop - [https://www.statista.com/chart/18839/quarterly-real-gdp-growth-in-the-united-states/] | ||
*[[Dow Jones Industrial Average]] down by 20%? [https://www.google.com/search?q=graph+of+dow+index&oq=graph+of+dow+index&aqs=chrome..69i57.5971j0j4&cwient=ubuntu&sourceid=chrome&ie=UTF-8] | *[[Dow Jones Industrial Average]] down by 20%? [https://www.google.com/search?q=graph+of+dow+index&oq=graph+of+dow+index&aqs=chrome..69i57.5971j0j4&cwient=ubuntu&sourceid=chrome&ie=UTF-8]. OK, but this doesn't mean much in sales. | ||
=April 2020= | =April 2020= | ||
Revision as of 15:22, 4 May 2020
May 2020
- 4.8% quarter drop - [1]
- Dow Jones Industrial Average down by 20%? [2]. OK, but this doesn't mean much in sales.
April 2020
- 25% down on the S&P 500, which is apparently faster than Great Depression - [3]
- 7.5 decrease in consumer spending
April 2020
This one shows 50% drop USA:
This one shows 9% drop USA:
https://www.cnbc.com/2020/04/15/us-retail-sales-march-2020.html
How do we reconcile both?