What’s the Impact of the Retail Dip on the Economy and How Should Congress Respond?
2 min readApr 17, 2020
Bad News
Retail industry sales down 8.6% in March. This is worse than Great Recession and 2001 Dot Com Bust. In fact, it’s the worst dip on in 30 years — the worst on record. (Source: CNN)
Worst News
However, those numbers don’t fully account for most states — many of whom didn’t start lock downs…