{"id":710,"date":"2020-04-23T14:50:48","date_gmt":"2020-04-23T14:50:48","guid":{"rendered":"http:\/\/phphouses.com\/blog\/?p=710"},"modified":"2021-02-12T14:13:44","modified_gmt":"2021-02-12T14:13:44","slug":"uncertainty-abounds-search-economic-recovery-timetable","status":"publish","type":"post","link":"https:\/\/phphouses.com\/blog\/uncertainty-abounds-search-economic-recovery-timetable\/","title":{"rendered":"Uncertainty Abounds in the Search for Economic Recovery Timetable"},"content":{"rendered":"
\"\"

Uncertainty Abounds in the Search for Economic Recovery Timetable<\/p><\/div>\n

Earlier this week, we\u00a0discussed<\/a>\u00a0how most projections from financial institutions are calling for a quick V-shaped recovery from this economic downturn, and there\u2019s research on previous post-pandemic recoveries to support that expectation.<\/p>\n

In addition, we noted how there are some in the business community who believe we may instead be headed for a U-shaped recovery, where the return to previous levels of economic success won\u2019t occur until the middle of next year. Yesterday,\u00a0Reuters<\/em>\u00a0released a\u00a0poll<\/a>\u00a0of U.S. and European economists which revealed that most surveyed are now leaning more toward a U-shaped recovery.<\/p>\n

Here are the results of that poll:<\/p>\n

\"\"

Reuters Poll 45 Economist based in US and Europe<\/p><\/div>\n

Why the disparity in thinking among different groups of economic experts?<\/strong><\/h4>\n

The current situation makes it extremely difficult to project the future of the economy. Analysts normally look at economic data and compare it to previous slowdowns to create their projections. This situation, however, is anything but normal.<\/p>\n

Today, analysts must incorporate data from three different sciences into their recovery equation:<\/p>\n

1. Business Science<\/strong>\u00a0\u2013 How has the economy rebounded from similar slowdowns in the past?<\/p>\n

2. Health Science<\/strong>\u00a0\u2013 When will COVID-19 be under control? Will there be another flareup of the virus this fall?<\/p>\n

3. Social Science<\/strong>\u00a0\u2013 After businesses are fully operational, how long will it take American consumers to return to normal consumption patterns? (Ex: going to the movies, attending a sporting event, or flying).<\/p>\n

The challenge of accurately combining the three sciences into a single projection has created uncertainty, and it has led to a wide range of opinions on the timing of the recovery.<\/p>\n

Bottom Line<\/strong><\/h3>\n

Right now, the vast majority of economists and analysts believe a full recovery will take anywhere from 6-18 months. No one truly knows the exact timetable, but it will be coming.<\/p>\n

Contact us:<\/strong>
\nPHP Houses
\n142 W Lakeview Ave
\nUnit 1030
\nLake Mary, FL 32746
\nPh:\u00a0(407) 519-0719<\/span>
\nFax:\u00a0(407) 205-1951<\/span>
\nemail:\u00a0info@phphouses.com<\/p>\n

Let\u2019s Connect:<\/strong>
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THE INFORMATION PRESENTED IN THIS ARTICLE IS FOR EDUCATIONAL PURPOSES ONLY AND SHOULD NOT BE CONSIDERED LEGAL, FINANCIAL, OR AS ANY OTHER TYPE OF ADVICE.<\/em><\/h6>\n","protected":false},"excerpt":{"rendered":"

Economic Recovery Finish Reading Uncertainty Abounds in the Search for Economic Recovery Timetable<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[69],"tags":[123,124,125,164,149,167,133,10,18,52,49,42,23,40,63,20,12,48,13,47,19],"_links":{"self":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/710"}],"collection":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/comments?post=710"}],"version-history":[{"count":1,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/710\/revisions"}],"predecessor-version":[{"id":713,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/710\/revisions\/713"}],"wp:attachment":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/media?parent=710"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/categories?post=710"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/tags?post=710"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}