Here is what that increase in tests looked like, according to Pantheon Macroeconomics.Deaths are in decline and hospital admissions in New York City are heading to zero, according to Pantheon Macroeconomics.Spain: Similarly, a new antibody test is driving up new detected cases. But Spain's death rate is falling.
France: Dramatic numbers here , with active cases heading to flat. Deaths and new cases are in decline.Germany has reduced its active caseload by more than a third.The UK: Britain is testing 20,000 people per day and has not been able to expand testing capacity. New cases are stuck on a plateau, as are deaths and active cases.
Death decline rate isn't as important as new cases are.
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Economic outlook: Output plunges most since 2009 in April amid virus - Business InsiderService sector output, which accounts for two-thirds of the economy, plunged to 27 from 39.8. Manufacturing output dropped to 36.9 from 48.5.
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