Heat map shows industries hit hardest and least by the coronavirus crisis.
Moody’s Investors Service
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Passenger airlines, shipping, lodging, restaurants, gaming, and retail will be hardest hit by coronavirus-related market chaos in the short term, according to a new Moody’s report.Grocery stores, packaging, and telecommunications will survive relatively unscathed, Moody’s found.The report mapped two scenarios: A quick recovery that hurts 16% of US companies; and a prolonged virus impact that hurts 45%.If the virus’ impact spills into the second half of the year, oil and gas could be hit hard because of reduced mobility.Visit Business Insider’s homepage for more stories.
The coronavirus crisis will clobber airlines, shipping, hotels, and restaurants, while largely spa
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