Economic trends amid a pandemic
INSIGHT ARTICLE |
The Harris Poll conducted a mid-March survey to gauge American reaction to the coronavirus outbreak. Questions ranged from opinions on health concerns, support systems and government expectations to thoughts on economic trends, which we’ve highlighted below.
Suffice to say, we’re in challenging and uncertain times; solutions may be elusive for quite some time. However, there are a few actions middle market businesses can take now to help mitigate disruption and risks, including:
- Evaluate your supply chain and determine if a dependence shift away from China and Southeast Asia to North America is needed.
- Assess how you ship goods and consider alternative transportation strategies.
- Measure your liquidity level to determine how you can weather the virus fallout.
- Stay informed with the latest insights, ideas and countermeasures to minimize the outbreak’s negative effects. One way to do that: visit our Coronavirus Resource Center.
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