Europe's new coronavirus measures may influence US recovery - Business Insider

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ICYMI: European measures could provide a model for US coronavirus recovery as the pandemic threatens recent retail and consumer spending recovery

The outcome of the recent presidential election could lead to tighter coronavirus restrictions as President-elect Joe Biden promises to enforce to curb the spread of the virus. However, these measures wouldn't take effect until late January when President-elect Biden officially takes office.

Implementing national coronavirus measures like those in the EU may help the US overcome the virus faster and lead to spending recovery—which may help retailers and payments providers see recovery as well. Join other Insider Intelligence clients who receive this Briefing, along with other Payments & Commerce forecasts, briefings, charts, and research reports to their inboxes each day.

 

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