August 10, 2020

Chart of the Week: Health outcomes remain key to the economic outlook

by Fathom Consulting.

The disparity between countries’ second quarter GDP outturns is striking. Data from China — which is ahead of the most others in terms of bringing the disease back under control — show a strong rebound in economic activity in the three months to June. To the extent that this is sustainable, it raises hopes that a V-shaped recovery is possible. However, how countries handle the spread of the virus remains key; countries with success in this (e.g. South Korea and Vietnam) have experienced milder contractions than those who have not done so well (e.g. the US and the euro area). Provisional data from Sweden suggest that bad economic outcomes can occur even without government-imposed lockdowns.

 

Refresh this chart in your browser | Edit the chart in Datastream

__________________________________________________________________________________

Datastream

Financial time series database which allows you to identify and examine trends, generate and test ideas and develop view points on the market.

Refinitiv offers the world’s most comprehensive historical database for numerical macroeconomic and cross-asset financial data which started in the 1950s and has grown into an indispensable resource for financial professionals. Find out more.

Article Keywords , ,

Get In Touch

Subscribe

We have updated our Privacy Statement. Before you continue, please read our new Privacy Statement and familiarize yourself with the terms.×