Economic News – August 2021

Printable PDF A Calmer but Durable Recovery Ahead  The economy is coming off the second strongest growth rate since 1978 in the just completed quarter, and the powerful post-pandemic reopening boost is still unfolding. But the rapid reopening has brought with it a host of problems, highlighting the fact that the road to normalcy is […]

Economic News – July 2021

Printable PDF  Don’t Fret, The Workers Will Come Back  Americans are as flexible as they are resilient, so it comes as no surprise that they are efficiently adapting to a post-pandemic world. For sure, the health crisis has not been entirely vanquished. Although more than 50 percent of the adult population has been fully inoculated, […]

Economic News – June 2021

Printable PDF  Focus On The Trend, Not The Noise  The economic environment is ripe for naïve and misguided narratives. Taken at face value, the latest reports on jobs, consumer prices and retail sales suggest that the U.S. is in the grips of a jobless recovery and a stalling economy that is weighed down by worrisome […]

Economic News – May 2021

Printable PDF  A Jobs Boom is Near, But Not Full Employment  The well-telegraphed heat wave in economic activity is underway. Most key economic data for March exceeded expectations, punctuating a quarter that turned out to be considerably stronger than anyone predicted earlier in the period. Importantly, the mercury is poised to turn hotter in the […]

Economic News – April 2021

Printable PDF  A Looming Economic Heat Wave  Spring has sprung, and the season of hope is resonating throughout the economy. After suffering a 3.5 percent contraction in 2020 – the steepest since demobilization in 1946 – real GDP is poised to surge as much as 7 percent this year, which would rival the biggest annual […]

Economic News – March 2021

Printable PDF  Policies Go Big  The bleak economic landscape that prevailed in the closing months of 2020 has not faded from the collective memory of the American public. With the pandemic still claiming too many lives and the economy still reeling from business restrictions and virus fears that hamper normal behavior, the lingering effects cannot […]

Economic News – February 2021

Printable PDF  A Chilled But Not Frozen Economy  It’s shaping up to be a cold winter for the U.S. economy, as the pandemic continues to rampage throughout the nation and wreak havoc on all forms of activity that involves in-person transactions. State and local governments are tightening business restrictions and urging residents to more diligently […]

Economic News – January 2021

Printable PDF  2021 Can’t Come Soon Enough  We’ve always said that the health crisis would determine the path of the economy, and the latest news on the pandemic is concerning. Cases of the virus, hospitalization and mortality rates have surged to unfathomable levels, and health experts believe this distressing trend will accelerate after the holidays. […]

Economic News – December 2020

Printable PDF  Rocky Road to a Vaccine  The Covid-19 pandemic has not only sent the nation into its deepest recession since the 1930s, it is leaving indelible scars that will restrain activity for some time to come. Adding more difficulty we are moving into the White House just as a second wave of the virus […]

Economic News – November 2020

Printable PDF  A Host Of Uncertainties  To say that uncertainty is rising would be an understatement. Political and policy uncertainties are surging with questions surrounding the next round of fiscal aid, questions around the outcome of the elections, questions around a peaceful transfer of power (if it occurs), and most recently questions surrounding the health […]