Despite coronavirus vaccine hope, US needs to brace itself for a winter season of anguish

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Servers deliver food to a table at a pop-up restaurant set up in Times Square in New York on October 23. Consumer spending accounts for 68 per cent of the US economy. But with Covid-19 still raging, services consumption – restaurant dining, in-person shopping, travel – is unlikely to recover soon. Photo: ReutersServers deliver food to a table at a pop-up restaurant set up in Times Square in New York on October 23. Consumer spending accounts for 68 per cent of the US economy. But with Covid-19 still raging, services consumption – restaurant dining, in-person shopping, travel – is unlikely to recover soon. Photo: Reuters

Servers provide food to a table at a pop-up restaurant set up in Times Square in New York on October23 Photo: Reuters

Stephen Roach

  • Vaccination is unlikely to bring about so-called herd resistance till mid-2021

Stephen Roach

Upgraded: 4: 49 am, 26 Nov, 2020

Servers deliver food to a table at a pop-up restaurant set up in Times Square in New York on October 23. Consumer spending accounts for 68 per cent of the US economy. But with Covid-19 still raging, services consumption – restaurant dining, in-person shopping, travel – is unlikely to recover soon. Photo: ReutersServers deliver food to a table at a pop-up restaurant set up in Times Square in New York on October 23. Consumer spending accounts for 68 per cent of the US economy. But with Covid-19 still raging, services consumption – restaurant dining, in-person shopping, travel – is unlikely to recover soon. Photo: Reuters

Servers provide food to a table at a pop-up restaurant established in Times Square in New York City on October23 Customer costs accounts for 68 per cent of the United States economy. However with Covid-19 still raging, services usage– dining establishment dining, in-person shopping, travel– is unlikely to recuperate quickly. Photo: Reuters

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https://cnacertificationprogram.net/despite-coronavirus-vaccine-hope-us-needs-to-brace-itself-for-a-winter-season-of-anguish/

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