COVID-19 has killed more than 1 million people in the United States since the start of the pandemic, and life expectancy has been cut by nearly 2.5 years since 2020.
Domestically, exports have weakened and the state of consumer demand remains a wild card, said Phil Levy, chief economist with freight forwarder and consultancy firm Flexport.
The World Health Organization has appealed to China to keep releasing information about its wave of COVID-19 infections after the government announced nearly 60,000 deaths since early December.
“This is really important because these people can be treated, and they could have better outcomes with this material if we can just get the word out.”