Why covid-19 carried out certainly not hurt rich economic climates as poorly as first notion

.CONTEMPORARY economical data are most effectively taken a do work in improvement. As brand-new info becomes available to national studies workplaces they improve as well as revise formerly released amounts. The picture of the economy enters into focus just gradually, even more like an out-of-date polaroid than a breeze on a modern smart device.

Revisions of much older information are component the process and also hardly ever make the headings. Yet before two months alterations in Britain and also Italy have actually resembled revising current economical past history. What took place?