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White House economic adviser says coronavirus outbreak could 'maybe' impact U.S. GDP in first quarter

Published 02/14/2020, 09:38 PM
Updated 02/14/2020, 09:41 PM
White House economic adviser says coronavirus outbreak could 'maybe' impact U.S. GDP in first quarter

WASHINGTON (Reuters) - White House economic adviser Larry Kudlow said on Friday the coronavirus outbreak in China could "maybe" knock two- to three-tenths of a percent off U.S. GDP in the first quarter.

"We're thinking maybe in the first quarter we lose ... two or three tenths of one percent of GDP," the National Economic Council director said in an interview on Fox Business Network.

Latest comments

he is hoping so. PMI service index slumped to 6 year low. export orders slumped to the lowest since 2009!! what if this lasts more than just a few weeks. reminds me on: the house crisis remains contained.
Larry...you so smart...it will impact the supply chain and businesses hard...lol
Duh! Everything is made in China, and China is closed for business. 700 million Chinese are in quarantine.
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