Business strategy and economic development expert can speak about possible recession as a result of COVID-19 behavioral changes from consumers and cancellations

It might feel like 2008, but it’s not. Phil Powell, Indiana University Kelley School of Business associate dean of academic programs in Indianapolis and clinical associate professor of business economics and public policy, says he expects coronavirus fears and behavioral changes from consumers will cause a sudden recession, but it won’t last long. Powell says he expects the economy will bounce back quickly, and we could see some normalcy in the economy and the markets by May or June. Powell can speak to what business owners and consumers should know and do – and the economic impact of cancellations. If you would like to speak with Powell, please contact Teresa Mackin at [email protected] or 317-274-2233.

 

Powell faculty profile: https://kelley.iu.edu/faculty-research/faculty-directory/profile.cshtml?id=PHPOWELL

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