How Long Can US Businesses Remain Shut Down?

By: Taro Chellaram /Wells Fargo Economics & Financial Report/Apr 29, 2020

How Long Can US Businesses Remain Shut Down?

The sudden stop in economic activity caused by the COVID-19 pandemic means that many businesses will need to rely on their cash reserves to survive the next few months. If businesses can forgo profits temporarily and do not need to purchase most inputs, then we estimate that the overall business sector could hold on for roughly four months. The sudden stop in economic activity that the COVID-19 pandemic has caused means that many businesses will need to rely on their cash reserves to survive the next few months.




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