The 2020 COVID Recession: the new type of shock

“This time is different.” The statement has been used so often in describing the possibility of a business downturn that it was used as an ironic book title (in 2009). In a world in which the government and individual action consciously shut down much of the economy—and in which some people are being paid not to work—recovery will probably look very different than in the past. But, in fact, this time really is different. Join Deloitte’s US economist, Dr. Daniel (Danny) Bachman, as he reviews several scenarios including Deloitte’s economic vulnerability index. How badly will the economy of your community be affected by COVID-19.

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