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COVID-19 : reopened too early? A move away from sweet spot

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      <subfield code="a">The great shutdown is coming to an end and economic capacity utilisation has rebounded to above 90% of pre-crisis levels. Yet after the initial bounce, a spike in new COVID-19 cases threatens the pace of recovery. In the US, our new lockdown index shows easing stalled at roughly 50% in July - and the US GDP rebound paused. As the SRI Pandemic Macro Clock moves away from the "sweet spot" for other economies too, we expect recovery to slow.</subfield>
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