04-15-2020, 11:06 PM
That's an oddly precise "estimate". I suppose the one solace is that the pace of new job losses is (probably) slowing. Today's consumer spending numbers were awful and worse than expected.
https://www.cnbc.com/2020/04/15/the-econ...-here.html
BC
https://www.cnbc.com/2020/04/15/the-econ...-here.html
Quote:March retail sales fell 8.7%, the most ever in government data, and New York regional manufacturing activity hit an all-time low, declining to a shocking negative 78.2%.
BC
