Insight ReportCoronavirus Insights: China’s GDP Drops for the First Time in Decades; March Retail Sales Fall, but Pace of Decline Eases Coresight Research April 20, 2020 Reasons to ReadAs coronavirus lockdowns ease in China, we review a number of newly released economic metrics to consider the impacts of the outbreak and the shape of the recovery that is emerging: In the first quarter or 2020, GDP fell for the first time in decades—we look at the pace of decline. Retail sales continued to decline in March 2020—we review the sequential changes versus prior months and assess the changes in retail sales by sector, including food/grocery, apparel, beauty, electronics and home goods. We also look at the emerging shape of the recovery in China retail sales and consumer demand. Industrial production declined in March 2020—and we consider what that tells us about the likely shape of the economic recovery. Click here to view Coresight Research’s ongoing coverage of the coronavirus outbreak. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Earnings Insights 1Q25, Week 3: E-Commerce Sees Solid Results as Amazon, Coupang, Zalando and More Report Growth—InfographicWeekly US Store Openings and Closures Tracker 2025, Week 20: Bob’s Discount Furniture Announces Store-Expansion Plan1Q25 Retail Inventory Insights: Lean Inventory, Tariff Mitigation, Supply Chain AdjustmentsNextGen 2025 Highlights: Coresight Research Premium Subscriber Call, July 2025