Businesses Struggle to Navigate the COVID-19 Storm
The COVID-19 crisis hit American businesses hard in April. Business-to-business spending fell sharply during the month, and businesses are increasingly late paying their bills. Some
are so far behind, prospects are rising that there will soon be a significant increase in business failures and bankruptcies.
Prepared by Mark Zandi | Chief Economist | Moody’s Analytics
Jim Swift | President & Chief Executive Officer | Cortera
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