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Virus-hit US economy not as strong as it seemed

The spectre of a recession induced by the coronavirus is exposing cracks in the US economy.

In the last month, the $US21 trillion ($34 trillion) US economy endured a remarkable and disorienting reversal, plunging from prosperity into an unprecedented deep freeze.

The coronavirus has left businesses from giant corporations to the corner bar struggling for survival.

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    Original URL: https://www.afr.com/world/north-america/virus-hit-us-economy-not-as-strong-as-it-seemed-20200329-p54exs