WASHINGTON, DC: After weeks of economic shutdowns, the outlook for a rebound remains"highly uncertain" and businesses nationwide are gloomy about how quickly things can return to normal, the Federal Reserve said on Wednesday .
The disruptions due to the COVID-19 pandemic caused activity to decline in all of the Fed's 12 districts, with most reporting sharp falls along with steep declines in employment, the survey showed. Businesses also cited a list of"challenges in bringing employees back to work, including workers' health concerns limited access to childcare."There was strong demand for the government's Paycheck Protection Program , which helped firms"limit or avoid" layoffs, the report said.
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