Whether Donald Trump retains the White House or Joe Biden settles there, it is clear that the signs of the worsening pandemic in the United States pose a serious risk of relapse into recession.
This deterioration in the outlook comes at a time when the spectacular rebound of the US economy in the third quarter (+ 33.1% growth compared to the previous quarter) has not erased the unprecedented damage of the second quarter (- 31.4% ).
Read also:
United States: the US economy rebounds sharply after the shock of spring
While the recovery in the manufacturing sector is strong, it is much less marked in the service sector.
Indeed, the epidemic severely handicaps transport, tourism, hotels, restaurants and education.
However, the manufacturing sector only weighs 11% of the US economy against more than 66% for services.
America's main engine is therefore partly seized up for several more months.
By the end of September, consumer purchases had certainly risen to almost 7% above
This article is for subscribers only.
You have 77% left to discover.
Subscribe: 1 € the first month
Can be canceled at any time
Enter your email
Already subscribed?
Log in