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Recession

[New] The HMI software and services market growth will slow down substantially in 2020 as there is a threat of a global recession, due to the impact of a global pandemic.
[New] Southeast Asian countries will see a decline in GDP in 2020 by 2.7%, with the deepest recession in Thailand, Singapore, and Cambodia.
[New] UK may enter in the worst recession in three centuries as investors will stay away from investment in UK due to the coronavirus outbreak and Brexit terms still not finalized.
[New] Due to the continuing impact of the COVID-19 pandemic, the global economy faces a deep recession in 2020, with partial and uneven recovery expected in 2021.
While the coronavirus pandemic has brought about a behavioral shift among shoppers - a Nielsen survey suggests 93% of consumers around the world will now consider buying online - the global economic recession is clouding the outlook for cross-border e-commerce businesses.
If COVID-19 is to trigger a deep recession (and in turn another financial crisis), the global GDP may not reach its pre-pandemic value until late 2023.
Despite the swift and comprehensive policy response at both EU and national levels, the EU economy is expected to experience a recession of historic proportions in 2020.
Two years into the 2008 recession, central London's office vacancy rate reached a high of eight per cent, and it is likely that the 2020 coronavirus crisis, the associated surge in remote working and online shopping, and the ensuing recession will lead to a similar increase in vacancies.
Amid the COVID-19 crisis and the looming economic recession, the Orthopedic Prosthetic Implants market worldwide will grow by a projected US$ 2.7 Billion, during the analysis period, driven by a revised compounded annual growth rate of 2.1%.
Despite uncertainties caused by the COVID-19 pandemic and the threat of an encroaching global recession, family offices remain cautiously optimistic about investing.
We are in the midst of the deepest recession since the great depression, and World GDP is expected to fall by 4.9% in 2020, with two-digit declines in many countries.
The cost of the restricted movements because of the global lockdown phases are still being tallied but the World Bank envisions a 5.2% decrease in global GDP with most countries expected to face recession in 2020.
With only extremely limited support for business on offer from the federal government, Mexico is widely forecast to suffer a deep recession in 2020.
The OECD expects the world economy to contract by 6% this year, with all countries suffering a deep recession.
In the almost six months since the World Health Organization (WHO) declared COVID-19 a global pandemic, the most vulnerable and marginalized have been and will continue to be the hardest hit amid increasing infection rates and deepening economic recession.
Current global forecasts envision a 5.2% contraction of the global economy in 2020 - the deepest global recession in decades.
The IMF has slashed its global economic forecasts for 2020, saying the coronavirus pandemic is causing a much steeper recession and a slower recovery than initially expected.
The International Monetary Fund (IMF) has projected a deep coronavirus-induced global recession, which threatens a nearly 4% drop in world GDP and could drag the GDP of African economies into a fall of about 1, 4%, with smaller economies facing a contraction of up to 7, 8%.
The economic recovery from the COVID-19 pandemic was projected to be slower than previously forecast, with growth in 2020 estimated at -4.9%, or nearly two percentage points below April projections, indicating a deeper recession and slower recovery.
While much of the pain of the looming recession still lies in the future - and it could be deeply painful - the crisis of 2020 could, paradoxically, lead to normal politics even in abnormal times.
Demand is expected to remain lower compared to last year, as global recession will limit the amount of money the world population can spend on dairy products.
As deaths outpace births, Florida's growth rate will dip below 1% annually by the end of the decade for the first time since the economic recession a dozen years ago.
Despite the swift and comprehensive policy response at both EU and national level, the EU economy will experience a recession of historic proportions in 2020.

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Last updated: 23 September 2020