Why covid-19 did not injure wealthy economic situations as extremely as initial thought

.PRESENT DAY economical studies are actually most ideal taken a work in improvement. As brand new information becomes available to nationwide stats workplaces they improve and modify formerly published amounts. The picture of the economic situation comes into focus only gradually, even more like an out-of-date photograph than a piece of cake on a modern mobile phone.

Revisions of much older information are actually component the method and also seldom create the headlines. Yet over the last 2 months revisions in Britain as well as Italy have come close to revising recent economical record. What occurred?