ConstructConnect Blog

March 26, The Date the Economic World Changed The world changed, but most of us didn’t know it, last December when the novel coronavirus hopped from an animal host to a human carrier in Wuhan, China.

Georgia and Florida just became the latest states to issue “shelter in place” or “stay at home” orders during the coronavirus (COVID-19) pandemic in an attempt to flatten the curve and help protect the most at-risk residents from contracting the virus.

There are currently two crises underway simultaneously. The advance of the novel coronavirus is taking a terrible toll in terms of physical and emotional well-being. At the same time, job losses resulting from ‘social distancing’ are sending the economy into a tailspin. To fight on both fronts, governments are advancing rescue packages of never-seen-before dimensions. Every day, the tremendous number of factors in play reconfigure in a new way. These ‘from the trenches’ notes attempt to shed some light along a murky pathway.

It’s been 12 23 days since the World Health Organization (WHO) proclaimed the coronavirus outbreak a pandemic. In the U.S., as of March 23 April 3, there have been approximately 38,500 245,000 cases and over 400 6,000 deaths due to the virus.

Due to its complexity, much of the subject matter concerning the economy requires detailed editorial commentary, often supported by relevant tables and graphs.

Due to its complexity, much of the subject matter concerning the economy requires detailed editorial commentary, often supported by relevant tables and graphs.