WASHINGTON, D.C.: Newly released economic data showed that the US economy is in a terrible state and may not rebound quickly, even when the devastating lockdowns imposed to stop the coronavirus disease 2019 (Covid-19) pandemic are lifted.
Pedestrians pass by a boarded-up Valentino branch in San Francisco, California, on May 15, 2020. Malls and other businesses shut down in an attempt to contain the coronavirus disease 2019 (Covid-19) pandemic, causing US retail sales to fall by a record 16.4-percent from March to April. AFP PHOTO