Weatherhead School’s Daniel Shoag discusses economic headwinds that could hamper even a marginal recovery

COVID-19-related economic declines slow shipping at the Port of Cleveland

Crain’s Cleveland BusinessDaniel Shoag, associate professor of economics at the Weatherhead School of Management, discussed the economic headwinds that could hamper even a marginal recovery. He pointed to recent Gross Domestic Product figures that showed the steepest decline in modern U.S. history in the second quarter and national unemployment numbers that remained elevated through mid-July.