The economic slowdown that is throttling the U.S. has seen economic output drop by three-quarters in some industries, including food services and arts and entertainment. In the tri-state area of New York, New Jersey and Connecticut, the coronavirus-caused slowdown is most acute in the real estate and retail sectors, according to the Wall Street Journal, citing a report from the Economic Innovation Group. A separate analysis from Moody’s found that at least a quarter of
source https://therealdeal.com/2020/04/06/real-estate-and-retail-shutdowns-driving-tri-state-slump/
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