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== For annual figures, a first approximation is that a month is worth 1/12th of the annual output so I would expect 8.3% drop for every month that the economy i

== For annual figures, a first approximation is that a month is worth 1/12th of the annual output so I would expect 8.3% drop for every month that the economy is completely stopped.== It’s not that easy as the US economy was never “completely stopped”. Public services did not stop, grocery stores did not stop, etc. Even today the states have various levels of openness and movement.

mytailorisrich 6y ago
> It’s not that easy as the US economy was never “completely stopped” Yes, 8.3% is obviously the upper bound and in practice it will always be less per month since the economy will never completely stop. The figure is to provide a ballpark estimate of what to expect and also to estimate how much the economy was impacted.