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Nonfinancial Companies – North America

Our outlook for North American nonfinancial companies is stable. In our baseline forecast, revenues and profits will be stronger in 2021 than in 2020 but weaker than in 2019. Coronavirus uncertainty limits visibility. risk remains a wild card

Our outlook for North American non-financial companies is stable. In our baseline forecast, revenues and profits will be stronger in 2021 than in 2020, but weaker than in 2019. And while conditions have improved since the sharp COVID-19 economic shock, the uncertain direction of the pandemic weighs on a post-recession recovery.
Edmond DeForest
Vice President - Senior Credit Officer, Corporate Finance Group
Moody's Investors Service