Data Stories
How your perception may have misled your thoughts over the economic impact on lockdown?
Lockdown could have less adverse impact that you thought, if you perceive through your personal experience.
Upon lockdown, there must be an evitable plunge in households’ visits to shops and recreational venues, because people are limited on their footprints and outreach. There is a direct impact on retail sales and consumer services. However, the transportation of goods, a reliable indicator of the general industrial economy, has not been affected by that much. You may have overestimated the impact on the economy, if you solely consider your personal experience during the lockdown period.
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