This is how the global economy will recover from COVID-19, according to CEOs

This is how the global economy will recover from COVID-19, according to CEOs

Economic recovery usually takes on 1 of 5 distinct shapes, either L, U, W, V and sometimes Z.

From over 600 CEOs surveyed by The Conference Board, 42% predicted the recovery will follow a U-shaped recovery.

However, these responses still varied dramatically by region, with only 26% of Japanese CEO's supporting this assumption.











The shapes of recovery.





Image: Visual capitalist









The Shape of Economic Recovery, According to CEOs

Is the glass half full, or half empty?

Whenever the economy is put through the ringer, levels of optimism and pessimism about its potential recovery can vary greatly. The current state mid-pandemic is no exception.

This graphic first details the various shapes that economic recovery can take, and what they mean. We then