Back to Blog

Weekly Economic Commentary -- So It Begins

By Scott J. Brown, Ph.D., Raymond James

So It Begins – The economic impact of COVID-19 has been shockingly large and swift, but most of the information has been anecdotal. Economic data reports are by their nature backward-looking. However, the latest unemployment claim figure and the University of Michigan’s Consumer Sentiment Index point to a sharp contraction in economic activity. We should see further evidence of that in this week’s data.

Read more