Five Economic Charts to Watch: Europe (COVID-19 Edition)

Europe has been hit hard by the rapid global spread of the COVID-19 novel coronavirus, with many countries under lockdown for the last several weeks. With businesses shuttered and residents staying home, we know that the economic impact will be severe. However, due to the lag in official economic statistics, our ability to measure the economic impact is delayed. Let’s consider what European data we currently have, what is still coming in, and the current growth forecasts.