COVID-19Financial

The economic impact of the coronavirus in 7 key numbers

March 24, 2020 / Written by Laura Dyrda 

Here are seven numbers that show the economic impact of the coronavirus.

1. The coronavirus could cost more than 5 million U.S. jobs, according to the Wall Street Journal.

2. The number of jobless claims hit 281,000 last week, according to CNBC.

3. The loss in gross domestic product due to the coronavirus is projected at $1.5 trillion. The CDC projects the nation’s GDP in 2020 will drop by $1.8 trillion by the end of the year, or 8.4 percent, according to the New York Times.

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Josh Sandberg

Josh Sandberg is the President and CEO of Ortho Spine Partners and sits on several company and industry related Boards. He also is the Creator and Editor of OrthoSpineNews.

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