Coronavirus and its Impact on Global Trade in Colorado Survey Analysis by AFEX
Read here to find out which industries are being affected the most by Covid, which businesses expect a shorter recovery, and how global trade has been impacted.
“We are producing less as a country and selling less to other countries. Less business, less overseas trade, less output equals less revenue,”
Despite the pandemic, 11% of businesses had reported no real effect, about 5% of companies said business had increased, and of those who saw an uptick in business, half (50%) were in the manufacturing sector.”
Find out how the weakening U.S. dollar will lead to an increase in hedging and what how that can benefit your business.
Plus more on how companies are preparing for business after Covid-19 here.
Thank you to AFEX for providing the COVID-19 Effect on US Businesses Analysis for our network!