The economic shock has been felt across industries, and it's not looking good for Nevada and Hawaii.
“If you’re getting hit hard now and businesses are failing, and there’s bankruptcy and people are taking on debt or starting to default on debt, it’s going to be harder for those economies to recover,” Moody’s Analytics Chief Economist Mark Zandi told Yahoo Finance. “So the No. 1 criteria for determining who recovers more gracefully will be who gets hit least hard during this period.”
The state of Washington, the site of the first outbreak within the U.S., was No. 3 on Moody’s list. New York — which has the most confirmed cases of any state — was the No. 5 most exposed, according to Moody’s.
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