For industries nationwide, recovery from the coronavirus pandemic is a “tale of two economies,” said Steve Scranton, chief investment officer and economist for Washington Trust Bank.
Scranton spoke Friday at a Greater Spokane Incorporated virtual event that was attended by 220 people.
In his “macro view” of the economy, he said those who can work remotely and those businesses in manufacturing and construction likely will fare well.
“In fact, it might even be going great for you,” Scranton said. “But, if you are in a job where you actually have to be on site, be able to serve your customers, you’re saying this still is not a good situation
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