Source page: McKinsey & Company
Commentary
The COVID-19 pandemic is widening the gap between leading and lagging industries
COVID-19 | Economics
July 22, 2020 – The six best-performing industries, including semiconductors, pharmaceuticals, and software, have added $275 billion a year to their expected economic-profit pool, while the least profitable six—including insurance, utilities, and energy—have lost $373 billion.
To read the article, see “The great acceleration,” July 14, 2020.
customizer here
Visual form
Bar Chart: horizontal industry economic-profit bars with 2018 baseline dots.
Layout / body structure
Industries are listed in rows. Each row uses a dot for the 2018 average economic-profit value and a horizontal bar for the longer-term 2020 market-valuation-implied value, with a right-side summary grouping the top, middle, and bottom industries.
What is being compared
It compares average economic profit by industry before the pandemic with longer-term market-implied expectations after the COVID-19 shock. The chart contrasts leading industries with lagging industries.
Measurement system
The horizontal scale is average economic profit by industry in billions of dollars. Dot position marks the 2018 baseline, while bar length and direction show the later implied value.
Visible structure inside the graphic
Leading industries such as semiconductors, pharmaceuticals, software, and technology hardware extend far to the positive side. Lagging industries such as energy, utilities, diversified financials, banks, and insurance sit leftward or remain negative.
Main takeaway from the visual
The chart shows the pandemic widening the gap between industry winners and losers. The strongest industries became more profitable in market expectations, while the weakest industries lost even more economic profit.
Key standout values or extremes
The summary shows the top six industries gaining 275 billion dollars, middle industries adding only 11 billion dollars, and the bottom six industries losing 373 billion dollars.
Controls / sequence, when applicable
This is a static horizontal bar chart; there are no in-chart controls to operate.
Companion media, when applicable
There is no separate companion audio or video; the industry profit chart is the full visual on this page.