The economic shock has been felt across industries, and it's not looking good for Nevada and Hawaii.
“If you’re getting hit hard now and businesses are failing, and there’s bankruptcy and people are taking on debt or starting to default on debt, it’s going to be harder for those economies to recover,” Moody’s Analytics Chief Economist Mark Zandi told Yahoo Finance. “So the No. 1 criteria for determining who recovers more gracefully will be who gets hit least hard during this period.”
The state of Washington, the site of the first outbreak within the U.S., was No. 3 on Moody’s list. New York — which has the most confirmed cases of any state — was the No. 5 most exposed, according to Moody’s.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Shares rebound on signs of progress in battling virusAs global novel coronavirus infections slow down in hardest-hit countries, Asian shares and US futures, including the energy sector, start to rebound.
Read more »
Chase is offering a 90-day mortgage deferment due to COVID-19 - Business InsiderDo you have a mortgage through Chase? You may qualify for a 90-day mortgage deferment if you've been financially impacted by the coronavirus.
Read more »
The Race for Beds, Ventilators: How U.S. Hospitals Are Bracing for a Surge in Coronavirus PatientsNationwide hospitalizations could peak April 15. U.S. hospitals are projected to fall thousands of beds short.
Read more »
The Biggest Non-Coronavirus Stories You Missed Today: White Supremacist Group Named A Terrorist Organization, Supreme Court Issues RulingsThese are some of the stories you may have missed in the sea of coronavirus news.
Read more »
The Biggest Non-Coronavirus Stories You Missed Today: White Supremacist Group Named A Terrorist Organization, Supreme Court Issues RulingsThe biggest non-coronavirus stories you missed today: - The Trump administration for the first time designated a white supremacist group as a terrorist organization - The Supreme Court handed down 2 rulings by rachsandl
Read more »
1,320 Americans Died Yesterday From Coronavirus, More Than Any Other CountryAs the United States grapples with exponential growth of coronavirus deaths, it surpassed every other country in the world in terms of daily coronavirus deaths.
Read more »