
How bad of a recession will we see in Arizona? The answers to these questions will be key
The impact of the coronavirus on the economy is difficult to gauge considering the disease has not hit its peak. Economists are trying to predict how bad the recession will be in the Valley and the entire nation.
The impact of the coronavirus on the economy is difficult to gauge considering the disease has not hit its peak. Economists are trying to predict how bad the recession will be in the Valley and the entire nation.
In this story published April 1, 2020, on azcentral.com:
While Arizona is little affected by swings in oil prices, like some Western states, anything that affects population flows and tourism will weaken the economy.
– Research Professor of Economics Lee McPheters, who is the director of the JPMorgan Chase Economic Outlook Center
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