WASHINGTON, D. C.: Respondents report that last quarter was the worst since the global financial crisis for sales, prices, and capital spending, according to a National Association for Business Economics (NABE) survey released Monday.
“Firms have imposed a number of special measures to limit the negative financial impact of Covid-19 on their firms, including freezing hiring and terminating and furloughing employees,” said NABE Business Conditions Survey Chair Megan Greene, also a senior fellow at Harvard Kennedy School.
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