WASHINGTON, July 27 (Xinhua) -- Respondents report that last quarter was the worst since the global financial crisis for sales, prices, and capital spending, according to a National Association for Business Economics (NABE) survey released Monday.
"Firms have imposed a number of special measures to limit the negative financial impact of COVID-19 on their firms, including freezing hiring and terminating and furloughing employees," said NABE Business Conditions Survey Chair Megan Greene, also a senior fellow at Harvard Kennedy School.