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CNBC

May 03, 2020
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The U.S. is in what is likely to be its worst slump ever due to the coronavirus shutdown.

Getting the economy moving again will be a challenge considering the health risks involved.

“There will be lower densities of people everywhere,” said Nick Colas, co-founder of DataTrek Research. “That affects restaurants and bars and sports and everything.”

He expects a faster return to domestic travel than might be apparent. Restaurants and retail will grapple with a host of challenges.

Some parts of the country are coming back online, but big states including Pennsylvania remain mostly shuttered.

Goldman Sachs said the first sectors will be manufacturing, professional services and agriculture. The riskiest and last are health care, education, retail, arts and entertainment and food service industries.

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future economy Coronavirus
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