Conference Board - From 'May reboot' to 'fall recovery,' all paths lead lower for U.S. economy
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WASHINGTON (Reuters) - The U.S. economy will shrink as much as 6% percent this year compared to 2019 due to shock from the coronavirus epidemic, with even the best case scenario nipping about 1.6% from gross domestic product, the Conference Board association of companies said in mapping out three economic scenarios for the coming months.The competing paths range from a situation where growth in the number of new COVID-19 cases stops accelerating in mid-April, allowing for a "controlled reboot"..