The Six Sectors Most Impacted by COVID-19
August 17, 2020
Originally published by David Allison of the Atlanta Business Journal on July 23, 2020:
Synovus Financial Corp., the largest bank headquartered in Georgia, set aside $142 million for credit losses reflecting "significant economic stress due to the COVID-19 healthcare crisis." The six sectors it sees the most distress in the near future are the hotel; non-grocery anchored retail shopping centers; restaurants; retail; arts, entertainment, and recreation; and oil-related sectors.