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Wednesday, 01 July 2020 19:07

June 2020 SEMA Industry Indicators

The worst of the downturn is likely over.

What will go down in the record books as one of the steepest and deepest economic declines in history will likely also be the shortest. Certainly some data will continue to deteriorate from here, and it will take until 2022 for the economy to fully recover from the damage that was done during this downturn.

 

But incoming data for May suggests green shoots are starting to appear.

 

To see the full report, go to SEMA.org. 

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