Estimated reading time: 0 minutes, 49 seconds

Ebola Fear Factor May Lead to Economic Impact in U.S.

While the spread of the Ebola virus to the U.S. from West Africa (where it's already at pandemic proportions) has dominated news headlines in the past couple of weeks, officials at the Centers for Disease Control and Prevention and other health professionals are trying to tamp down people's anxieties. So reports Business Insider.

However, an analysis last week released by Goldman Sachs points to a "fear factor" surrounding Ebola in this country that's closer in proportion to that following the terrorist attacks on 9/11 (with its ancillary, though unrelated, incidents of anthrax attacks) than to recent disease outbreaks, including SARS, bird flu and swine flu.

That said, fears related to the SARS outbreak caused more damage to Hong Kong's GDP and to air travel in 2003 than fallout from 9/11 resulted in the U.S. in 2001. At the same time, effects of the "fear factor" could be far-reaching for our economy, even if the actual disease is contained.

Read the full article from Business Insider

Read 2786 times
Rate this item
(0 votes)

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.