Final Thoughts
August 10, 2020
Final Thoughts
Written by Tim Triplett
Our friends at ITR Economics warn us to be wary of economic misreporting, especially when the media is so full of dramatic headlines about the state of the pandemic. It’s easy for reporters to misinterpret the data, which is confusing to nearly everyone. ITR continues to predict U.S. GDP will move into a recovery mode in the second half of the year, despite the resurgent wave of COVID cases in the past month or two.
One common question ITR often receives: “How many cases per day would trigger a downgrade to the forecast?”
