UCLA Anderson Forecast Updates Views, Given Economy’s Rapid Rate of Decline

LOS ANGELES, April 10, 2020 -- Given the speed of the U.S. economy's rate of decline amid the coronavirus pandemic, the UCLA Anderson Forecast team has updated its views, downgrading the near-term outlook. According to senior economist David Shulman, real GDP is now on track to decline in the second quarter of 2020 by 7.5% from the previous quarter (an annual rate […]