December 2, 2020: Dairy Week In Review

The Daily Dairy Report recently reported statistics that point to a recovering economy. Third quarter gross domestic product (GDP) grew 33.1% from the dismal second quarter but not quite back to pre-COVID19 levels. Unemployment has dropped from April’s record high of 14.7% to 6.9% in October. Food service sales have also improved dramatically from April’s record low $30 billion to $55.6 billion in October, although not quite back to the 2019 range of $62 to $65 billion per month. Read More