31 Jul Best Articles of the week: 7/27/2020
Economy: U.S. Economy Contracts at Record Pace – click here
The most recent data from the last quarter is in, and it set a record. The U.S. economy contracted at a record pace and millions of people remain unemployed due to the COVID-19 pandemic.
Outlook: Fed Outlook Turns Gloomy – click here
For anyone following the news it is evident that the COVID-19 virus is here to stay, at least for a little while. While everyone is hopeful that things will improve the Federal Reserve seems to think things won’t be getting better soon.
Business: Does COVID Spread Via HVAC? – click here
COVID has impacted all of our lives and businesses in different ways. While much is unknown the reality is businesses are stil trying to adjust to a new normal. This is true for those businesses that service buildings with many occupants.
Retail: McDonald’s Sales Fall, As Restaurants Reopen – click here
Restaurants in many parts of the country began to reopen during the last quarter. Yet, for McDonald’s the return of customers wasn’t so smooth.
Fed: FOMC Leaves Rates Low, Will Do What It Can – click here
The Fed vowed to use all of its tools to help combat COVID. This is part of their focus on providing clear reassurance to the market and investors.