Most Bankruptcies Since Great Recession
from Statista.com
– this post authored by Willem Roper
While the economic effects of 2020 will still take years to be fully realized, new data that encompasses the entire year paints a grim picture on how hard businesses were hit due to the pandemic and subsequent restrictions. Most countries around the world saw contractions in GDP, while most businesses in a variety of industries saw drastic declines in sales and new customers. The lucky companies are looking to get back on track in 2021, while data shows many companies won’t get the chance to recover.
Source: http://econintersect.com/pages/contributors/contributor.php?post=202101120223
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