20 Aug 2020

Covid-19: Economists not sure about post-lockdown rebound

From Morning Report, 8:52 am on 20 August 2020

Economists are questioning whether there will be a second rebound in economic activity when current lockdown restrictions ease.

Infometrics' latest quarterly survey estimates economic activity fell by 12.6 percent in the June quarter.

It argues companies are now more vulnerable than they were before the first lockdown, having burnt through their reserves.

Brad Olsen is the Senior Economist at Infometrics.