Foretaste of the Lockdown-Driven Collapse in the Services & Retail Sectors: Holy Moly, What a Catastrophic Mess
Services account for 70% of the US economy. Here’s what’s happening to services and retail in economic powerhouse Texas.
Impact US Manufacturing? First Indications Are Ugly. Exacerbated by Underlying Conditions
Economic powerhouse Texas first got hit by the Oil Bust then by the Coronavirus. Expect similar confluence of unrelated factors in other regions.
Texas has been hit particularily hard by the economic collapse. Dallas is an economic power house.
The charts below are self-explanatory. Net Net, when the dust settles nothing wil be the same, but opportunities will be abundant.