Economists Agree; No Quick Rebound From Recession

April 30, 2020 4:08 am

WASHINGTON (AP) – Hopes are beginning to arise that the U.S. economy might be poised to rebound by the second half of the year. The idea is that the economy might be able to mount a sharp comeback if more employees and consumers were to gradually return to working and spending. Yet most economists say such expectations should be kept in check. Among their concerns is that the coronavirus could flare up again after the economy is re-opened, forcing reopened businesses to shut down again. Another is that people will remain too wary of contracting the coronavirus to return to anything resembling normal economic behavior.