The US economy will shrink in the 1st quarter of 2021 as winter weather spurs virus resurgence, JPMorgan says
9:55am PST - November 23rd, 2020 weather forecast - Business InsiderSummary List Placement JPMorgan expects the US economy to shrink in the first quarter of 2021 as new lockdown measures cut into economic activity. Economists led by Michael Feroli lowered their first-quarter gross domestic product forecast to -1% on Friday, …