LUDCI.eu Editorial Team 17 Sep 2020 Paid Articles 1180 Views
Headline Diplomat - Issue 1
The perilous lenses of COVID-19: The impact on the economy
Brock Cooper, Journalist, Profitable Prose, LinkedIn
Across the globe, businesses large and small shuttered their doors and waited out a lockdown that lasted months. Slowly, restrictions began to lighten, but for many businesses, it was too late.
Following the lockdown and as the markets reopen, many businesses have reduced staff. Uncertain futures prevail in the minds of everyone unless the economy can pick up or they can qualify for government aid.
“Nobody could have foreseen the impact that COVID-19 was going to have on our state’s economy,” Wisconsin Department of Agriculture Secretary-Designee Randy Romanski told WIZM News. “The dramatic supply chain disruptions that the agriculture industry faced were dramatic. We heard from the group’s early and often that this was going to be a substantial impact. You’re talking about hundreds of millions of dollars.”
Dramatic disruptions were shown across all businesses. For more than 85 years, GNC has provided supplements and vitamins for people. It has recently announced its bankruptcy, specifically closing more than 1,200 stories or about ...
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