Real Estate News: Job Losses, GDP Nosedive and a Snapback Recovery

Published: March 31, 2020, 3:27 a.m.

In this Real Estate News Brief for the week ending March 28th, 2020\u2026 ugly numbers for job losses and economic growth, a possible \u201csnapback recovery\u201d, and encouraging news about medical supplies. \xa0 We begin with economic news from the past week and a $2.2 trillion dollar COVID-19 rescue package that helps individuals and companies. The short list of money hand-outs includes $100 billion for hospitals and virus-related healthcare, $290 billion for an infusion of cash into consumer pockets, $350 billion for small-business loans, and $500 billion for hard-hit industries, like the airlines.\xa0 \xa0 www.NewsForInvestors.com