Before revision:  We show, moreover, that the daily real activity path was extremely highly correlated with the daily COVID-19 path . Finally, we provide a comparative assessment of the real-time ADS signals provided when exiting the Great Recession.
After revision:  We show, moreover, that the daily real activity path was highly correlated with the daily COVID-19 path . Finally, we provide a comparative assessment of the real-time ADS signals provided when exiting the Great Recession.