Add to the record drop in US retail sales a record fall in industrial production April's 13.7% decline (MoM) in factory output is the largest in a data series dating back to 1919.
Together, these two economic reading highlight April's SIMULTANEOUS destruction of supply and demand
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......but that assumes that there Is not a group of people trying to block a restart.
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I totally think we should open up, at least in flyover country where there are few cases and the curve is crushed. And yet, I have no intention of immediately running out into large crowds.
Then again, I'm not a 22 year old who drinks Busch Light and White Claw (or whatever that stuff is called) at a bar.
And in my defense, before MAS demands that I surrender my man card, I am allergic to beer and not everyone serves decent whiskey.
The numbers in Georgia and Florida are encouraging, Ga was down 12% and Fl 14% in cases. Just need to keep moving forward with measured steps. Keeping people locked away (CA, NJ, MI) will cause more people act out. I see Whitmer has said more protests mean longer stay at home orders?