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Businesses are laying off workers, or cancelling overtime.
Against this backdrop, firms are likely to respond by delaying or cancelling their investment plans.
Mid-range and luxury retail chains are postponing or cancelling planned expansions, hurting the commercial construction industry.
In the past week, there have been signs that some companies are delaying or cancelling investment plans.
"The groups were not concerned or cancelling their meetings, an indication that people are paying attention to the medical facts.
This seems to come down to "national planning", and renegotiating or cancelling foreign companies' contracts to run ports and operate mines and gasfields.
Similar(14)
Should vacations be postponed or canceled?
Changing or canceling bills and subscriptions.
No flights were delayed or canceled.
Many other events have also been postponed or canceled.
Already infrequent visits from loved ones are delayed or cancelled.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com