Back to News
Retail news

Economists say national mask mandate would boost GDP

A national face mask mandate would reduce the expected decline in the gross domestic product by about five percent, according to an analysis by a team of economists at Goldman Sachs. “Our numerical estimates are that cumulative cases grow 17.3 percent per week without a mask mandate but only 7.3% with a mask mandate, and that cumulative fatalities grow 29 percent per week without a mask mandate but only 16 percent with a mask mandate,” the authors wrote.

The RetailWire Daily

A daily briefing with the retail news, expert perspective, and business context to bring into your next meeting.

Want to know more? Learn more

Discussion Thread0