COVID-19
2nd quarter outlook for 2020 economy in state takes a definite upswing, URC says
[Source: Mississippi Business Journal]
Mississippi's economy is responding positively to the loosening of coronavirus pandemic restrictions
The outlook issued recently by the University Research Center (URC) of the Mississippi Institutions of Higher Learning calls for the gross domestic product (GDP) to contract 4.1 percent in 2020.
The GDP is the total monetary value of goods and services produced.
But how is shrinkage a good thing?
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