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Virus wipes out 5 years of U.S economic growth

The coronavirus pandemic’s toll on the nation’s economy became emphatically clearer Thursday as the government detailed the most devastating three-month collapse on record, which wiped away nearly five years of growth.

Gross domestic product, the broadest measure of goods and services produced, fell 9.5 percent in the second quarter of the year as consumers cut back spending, businesses pared investments and global trade dried up, the Commerce Department said.

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C.D.C. says the number of people infected ‘far exceeds the number of reported cases’ in parts of the U.S.

 The number of people infected with the coronavirus in different parts of the United States was anywhere from two to 13 times higher than the reported rates for those regions, according to data released Tuesday by the Centers for Disease Control and Prevention.

The findings suggest that large numbers of people who did not have symptoms or did not seek medical care may have kept the virus circulating in their communities. The study is the largest of its kind to date, although some early data was released last month.

“These data continue to show that the number of people who have been infected with the virus that causes Covid-19 far exceeds the number of reported cases,” Dr. Fiona Havers, the C.D.C. researcher who led the study, said in an email. “Many of these people likely had no symptoms or mild illness and may have had no idea that they were infected.”

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Helpful Links for Flood Victims

weartv.com

Citizens Information Lines

Escambia: 471-6600
Santa Rosa: 983-INFO (4636)
Okaloosa: 311

Florida Flooding Damage Assessment
http://flvbeoc.org/index.php?action=bda
The completed surveys will help the State Emergency Response Team in determining the needs and level of assistance for impacted businesses. The information provided in this survey will be shared among various state and local agencies to expedite implementation of appropriate disaster relief programs for businesses.

Santa Rosa County Damage Reports
http://santarosa.fl.gov/EmergencyNew/WebDamage.cfm
Residents of Santa Rosa County are asked to submit information about their property damage to the county. Once submitted, your information will be sent to several county departments including emergency management, public works, floodplain management and grants. Staff will document your information in a damage database, review qualifications for mitigation projects/grants, and determine if an additional damage assessment or other action is needed.

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