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Regardless of coronavirus vaccine hope, US should brace itself for a winter of despair

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Servers deliver food to a table at a pop-up restaurant set up in Times Square in New York on October 23. Consumer spending accounts for 68 per cent of the US economy. But with Covid-19 still raging, services consumption – restaurant dining, in-person shopping, travel – is unlikely to recover soon. Photo: Reuters Servers deliver food to a table at a pop-up restaurant set up in Times Square in New York on October 23. Consumer spending accounts for 68 per cent of the US economy. But with Covid-19 still raging, services consumption – restaurant dining, in-person shopping, travel – is unlikely to recover soon. Photo: Reuters

Servers ship meals to a desk at a pop-up restaurant arrange in Occasions Sq. in New York on October 23. Client spending accounts for 68 per cent of the US financial system. However with Covid-19 nonetheless raging, companies consumption – restaurant eating, in-person buying, journey – is unlikely to get well quickly. Photograph: Reuters

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