The evidence mounts that the global recession is already here [MSN Money]
IHS Markit Ltd. Common Shares (INFO)
Last ihs markit ltd. common shares earnings: 3/24 06:00 am
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Source: MSN Money
The evidce is mounting that March marked the start of a deep global recsion.The breadth of the collapse is beginning to appear in the initial trickle of economic data across the world, revealing a cratering of trade, reined-in busins invtmt, cowering consumers and surging unemploymt that’s sparing few industri.The hit to demand is visible on the world’s oceans, where a measure of U.S. export volum in the first two full weeks of March showed shipmts abroad at ls than half the year-earlier level, IHS Markit data compiled by Bloomberg showed. The damage is acute for autos: The number of anchored ships used to transport vehicl has jumped to 9% of the fleet, up from % a year ago, according to Bloomberg data.© BloombergAfter the U.S. on Friday reported a higher-than-expected job loss, other figur for March have illustrated how the Covid-9 pandemic is extding the paralysis from producers to households, from big trading powers to more insulated economi and emerging markets.Load ErrorIn German
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