NAB specialists and clients from across the bank’s Fund Sponsors, Strategic Investors and Alternative Assets (FSA) business gathered over lunch recently to share career stories and advice on promoting greater diversity and inclusion.
May 26, 2020
US Economic Update – May 2020
April crash, tentative recovery in May.
Key highlights
- April partial indicators confirm that Q2 GDP is set for a massive fall and the unemployment rate is already at a record high.
- While activity likely bottomed in April as most US states are gradually ‘re-opening’ their economies, the recovery is likely to take a long period of time, with risks weighted to the downside.
Find out more in NAB’s US Economic Update – May 2020
