Several states have extended lockdowns this week even as new virus cases continue to plunge. With local governments taking a cautious approach to reopening, the economic recovery is likely to be more gradual than last year. However, this also reduces the threat of renewed outbreaks which could deal more severe blows to the economy.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services