Why covid-19 did certainly not hurt abundant economies as severely as 1st notion

.MODERN ECONOMIC stats are actually well thought of as a do work in development. As brand-new information becomes available to national studies offices they update and also modify recently released varieties. The picture of the economic climate enters concentration simply gradually, additional like an old-fashioned photograph than a snap on a present day cell phone.

Modifications of much older data are actually component the method and hardly ever bring in the headlines. But previously 2 months corrections in Britain and Italy have resembled rewording current economic past history. What happened?