According to a recent investigation, the spread of the Delta variant of COVID-19 cases poses a major risk to the global and US economic recovery.
One The IHS Markit survey report on U.S. companies stated that On Friday, US economic growth is expected to slow down due to tight supply, worker shortages and Delta variables.
The report pointed out that the Delta variable played a role in affecting factory output in June, especially “in various emerging Asian economies.”
Chris Williamson, chief business economist at IHS Markit, said: “The Delta variable poses a significant risk to the outlook.”
He said: “The rising number of cases has not only caused business optimism to fall to its lowest level since February, but the further spread of the new crown epidemic globally may cause further delays in the global supply chain.”
Concerns about the pandemic have been rising, but economic growth in the United States has improved. People are worried that the US economy will be hit soon after GDP accelerates to 9.2% in the second quarter.
In May of this year, Kristalina Georgieva, Managing Director of the International Monetary Fund, told David Ignatius of The Washington Post that it is very important for the United States to achieve a strong recovery.
“The high growth rate in the United States is a global public good. It has a positive spillover effect, especially for economies that are more integrated with the United States. It creates the possibility of price increases. Let me explain the factors driving price increases and why At the International Monetary Fund, we are in the camp that thinks these are temporary factors,” she said.
She also pointed out that between now and 2025, it will take 9 trillion US dollars for the world to be vaccinated to achieve a true recovery.
Georgieva said that there is an imbalance in the global recovery.
“It is clear that we are facing a dangerous divergence of economic fate. Some senior economists in emerging markets are recovering vigorously, while the rest of the world is falling behind,” she said.
