Coronavirus Triggers Record Drops in U.S., European Business Activity

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The sharp decline in activity suggest the global economy is likely to contract sharply in the first six months of this year

Data firm IHS Markit said its composite purchasing managers index for the U.S.

—an aggregate measure of activity in the manufacturing and services sectors—dropped to a seasonally adjusted 40.5 in March from 49.6 in February. That was a record low for the 10½-year-old series, which started after the 2007-2009 recession. The comparable index for the eurozone...

 

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No shit, Sherlock. Yes it do.

Time to shift gears and realise the value of feeling, and understanding, fear , insanity to invest anymore into China ?

Part of it can recover with distant working and distant trade.

no shit

Guys. Look no further than headlines like this and the opinion section being taken over by the alt-right, to determine why your subscription count continues to decline.

Another insightful wsj analysis Of the obvious! Just another scare story to sell “likes” on twitter.

This coronavirus made in usa, great quality

Aahhh..... yea. Is this seriously even still in question.

Build to last or it doesn't.

What a prognosticator!

Oh really

likely it will collapse

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Coronavirus outbreak leads to largest collapse in euro zone business activity ever recordedThe euro zone economy suffered 'an unprecedented collapse' in business activity in March as the coronavirus outbreak intensified, according to provisional purchasing manager's index (PMI) survey data from IHS Markit. ClassOf82 1DavidClarke
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