Correction: U.S. GDP Projection For Cable Economy

In an April 1, Television News Daily story, “Cable, Broadband Companies To See 'Relatively Stable' Business Through COVID-19 Crisis: Moody's,” a cable/broadband estimate should have been that of U.S. Gross Domestic Product projection — down 2.0% in 2020, recovering to 2.3% in 2021.

Moody’s says: “We believe U.S. cable revenue growth is likely to outperform U.S. GDP.” Before the crisis, it had projected a 5% climb in revenues for 2020 for the group.

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