WACO, Texas (KWTX) 972.6 billion lost in gross domestic product as well as the loss of 11.4 million jobs, this is what Dr. Ray Perryman and the Perryman Group in Waco are predicting the coronavirus will do to the United States economy.
“We have about a $20 trillion economy, so when you start talking about a trillion dollar loss to that economy, that’s something that’s pretty substantial,” said Dr. Perryman
Dr. Perryman says in order to get his model, he and his team looked at several hundred industries, and how they have been impacted. They also looked at the economies of several other countries where the disease struck first, and also added in the recent stimulus package from the federal government. His