Showing posts with label #Productivity. Show all posts
Showing posts with label #Productivity. Show all posts

Saturday, September 12, 2020

12/9/20: Deep Impact of COVID19 on economic sectors supply side

 

An interesting research from McKinsey on a range of COVID19 pandemic impacts across a broader range of industries -- from traditional to advanced (advanced industries group includes automotive, aerospace, advanced electronics, and machinery players):

Source: https://www.mckinsey.com/industries/advanced-electronics/our-insights/organizing-for-speed-in-advanced-industries

Notably, intangible areas of impact appear to have been largely positive for all sectors, but tangible, productivity-related areas show deterioration. Worryingly, there is a significant - by sector and by sample average - adverse shock to productivity and volatility of business outcomes.