Coronavirus: Bay Area economic slump looms, but downturn may be milder than U.S.

Coronavirus: Bay Area economic slump looms, but downturn may be milder than U.S.

a week ago
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https://www.mercurynews.com/2020/03/25/coronavirus-spawned-bay-area-economic-slump-looms-report-tech-jobs-economy-real-estate-layoff/

SAN JOSE — An economic contraction looms for the Bay Area, but the downturn in parts of the region will be less severe than what’s anticipated for the United States, according to a new report released Wednesday.

The expected slump for the April-through-June second quarter is expected to be milder in Silicon Valley than the nationwide economic nosedive, but the East Bay is predicted to take a steeper plunge than the U.S., a forecast by Massachusetts-based StratoDem Analytics shows.