It is even possible that some people do more to make up for the consumption opportunities that were not available during periods of lockdown and other activity restrictions. On the downside, the longer the economy remains weak, the more the recovery will be impeded by scarring effects on workers, the destruction of business supply networks and other lingering damage.
What has changed in the past three months The scenarios presented in the past few months. Statement incorporate several lessons from the experience of the  First, the economic contractions induced by health-related restrictions on activity in the June quarter were very large. However, they were not quite as severe as initially expected.