“5 parts of the economy most at risk from coronavirus”
March 2, 2020
“Financial markets
U.S. stocks have suffered their worst week since the depths of the 2007-08 financial crisis as investors flee for safety. All three major U.S. stock indexes have dropped at least 10 percent from their most recent peaks, abruptly ending a climb to new record highs…
Retail
The steep drop in equity prices may also take a toll on consumer confidence and spending, which drives more than two-thirds of U.S. economic growth…
Travel and hospitality
Fears of a pandemic have already prompted businesses, nonprofits and other international institutions to cancel conferences and meetings, likely leading to a sharp decline in global travel and tourism…
Technology
A coronavirus outbreak in the U.S. could weaken demand for nonessential goods and services that help power the economy. The widespread shutdown of factories in China and its neighboring countries has already restricted the supply of crucial technology products and parts…
Automobiles
A shortfall in supplies and intermediate parts from China could also hurt a U.S. auto industry…”
https://thehill.com/policy/finance/485247-5-parts-of-the-economy-most-at-risk-from-coronavirus