The Best- and Worst-Case Forecasts for This Coronavirus Recession

Here is a rough guide to how deep a decline we’re facing, and how the eventual recovery may unfold.

A brutal recession is upon us as the effects of the public health crisis ripple across industries.

The best realistic scenario we can imagine: A GDP decline for the year of 4%, worse than the Great Recession. That assumes a relaxation of the various government restrictions on movement and business sometime in May (the earliest we can see) and a solid rebound in the second half of 2020.

Subscribe to Kiplinger’s Personal Finance

Be a smarter, better informed investor.

Save up to 74%

Sign up for Kiplinger’s Free E-Newsletters

Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.

Profit and prosper with the best of expert advice - straight to your e-mail.

Sign up

To continue reading this article
please register for free

This is different from signing in to your print subscription

Why am I seeing this? Find out more here