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Stories Tagged as

Economic recovery

COVID-19

Economic optimism cools as fall nears, thanks to the delta variant

by Mitchell Hartman
Sep 13, 2021
It's holding back developed economies and dominating the rest of the world.
Victor J. Blue/Getty Images
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3 real-time indicators that show the economic recovery's tapped the brakes

by Mitchell Hartman
Aug 18, 2021
So-called high frequency data also paints a picture of how the delta coronavirus variant is affecting the economy.
UKG, which tracks work shifts, reports that hours worked fell 2.4% from mid-July to mid-August.
Pra-chid via Getty Images
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COVID-19

Small business optimism shrinks as labor shortage, price hikes continue

by Mitchell Hartman
Aug 10, 2021
Owners expect lower sales and worse business conditions in the coming months, reflected in the NFIB’s declining optimism index.
Though the economy is rebounding from the COVID-19 downdraft, small-business owners expect near-term business conditions to worsen.
Frederic J. Brown/AFP via Getty Images
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COVID-19

How much does the delta variant threaten the economic recovery?

by Sabri Ben-Achour
Jul 30, 2021
Delta could slow the economy in two main ways: Governments could restrict consumers — again — or consumers could restrict themselves.
Traders wear face masks at the New York Stock Exchange. The contagiousness of the delta coronavirus variant could restrain consumer spending.
Timothy A. Clary/AFP via Getty Images
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The pandemic recession only lasted two months. Wait, what?

by Sabri Ben-Achour
Jul 20, 2021
For a lot of people, the downturn doesn't feel over and may not for years. So what does "over" mean in this case?
The pandemic recession may be over, but many businesses are still closed or nearly empty at Union Station in Washington, D.C., more than a year after the COVID-19 shutdown.
Saul Loeb/AFP via Getty Images
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COVID-19

Leisure travel is back to pre-pandemic levels. But business travel? Not even close.

by Mitchell Hartman
Jul 5, 2021
The pandemic seems to have taught a lot of businesses that employees don't need to travel as much as they used to.
People walk through a terminal at John F. Kennedy Airport (JFK) on Jan. 31, 2020 in New York City.
Spencer Platt/Getty Images
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Even after a good jobs report, potholes remain on road to economic recovery

by Mitchell Hartman
Jul 2, 2021
The good news? The U.S. economy created 850,000 jobs in June. The bad news? There are still 7 million fewer jobs than before the pandemic.
The number of jobs created has risen steeply over the past few months, but employers may not find workers as easy to attract as in the past.
Joe Raedle / Getty Images
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Back to Business

The economic models of the past didn't figure on a pandemic

by Kimberly Adams
Jun 14, 2021
The Fed is trying to create a way forward in monetary policy — but in nearly uncharted economic conditions.
The Federal Reserve is navigating between rising inflation and the risks caused by the pandemic. Its interest rate policy committee will meet this week.
Daniel Slim/AFP via Getty Images
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Food prices are rising. Is that a problem?

by Justin Ho
Jun 10, 2021
The latest numbers from the Bureau of Labor Statistics show that food prices rose in May. That's a trend that will likely continue in the short term.
Food prices jumped about half a percent in May, mostly because of meat, poultry, fish and eggs.
Elaine Cromie/Getty Images
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What's it going to take to juice U.S. job growth?

by Mitchell Hartman
May 7, 2021
The pandemic's still weighing down the economy, despite some encouraging signs.
People who are refusing to get vaccinated are the greatest factor holding back economic recovery, some experts say.
Patrick T. Fallon/AFP via Getty Images
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