COVID-19 to increase U.S delinquency rate to 6.5% and insolvencies by 25% in 2020

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<title>COVID-19 to increase U.S delinquency rate to 6.5% and insolvencies by 25% in 2020</title>
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<namePart>Garatti, Alexis</namePart>
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<namePart>Lemerle, Maxime</namePart>
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<namePart>Livinec, Marc</namePart>
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<dateIssued>2020</dateIssued>
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<abstract displayLabel="Summary">High frequency data and the news flow from the U.S. allowed us to have a better sense of the size of the Covid-19 shock, the reaction of public authorities and upcoming ripple effects. In this context, we revise our U.S. GDP growth scenario from +0.5% y/y to -2.7% y/y in 2020</abstract>
<note type="statement of responsibility">Alexis Garatti, Maxime Lemerle, Marc Livinec</note>
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<topic>Macroeconomía</topic>
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<topic>Recuperación económica</topic>
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