Why covid-19 did certainly not hurt rich economic situations as horribly as 1st thought and feelings

.MODERN financial studies are best taken an operate in progression. As brand new relevant information becomes available to nationwide statistics workplaces they improve as well as change previously released amounts. The picture of the economy comes into concentration merely slowly, more like an antique photograph than a breeze on a modern smartphone.

Modifications of older records are actually part and parcel of the method and seldom create the headings. Yet before pair of months revisions in Britain as well as Italy have resembled revising recent economic past. What took place?