Economic News – October 2020

Printable PDF  A Glass Half Empty  Despite being portrayed as dismal scientists, we economists are not always pessimistic about economic prospects. In fact, we are happy to report that things are looking up in many respects. Consumers are spending again, factories are revving up operations, housing activity is on a tear and, most importantly, the […]

Economic News – September 2020

Printable PDF The Recovery Enters Perilous Stage  The rebound in jobs, production and consumer spending in recent months strongly indicates that the recovery from the harsh Covid-19 recession is underway. To be sure, the recovery may be cut short if the escalation of virus cases in many parts of the nation turns into a full-blown […]

Economic News – August 2020

Printable PDF  The Uneven Impact of Covid-19 Just as government-mandated lockdowns sent the economy into a tailspin in March and April, the lifting of restrictions and the reopening of businesses propelled activity higher in May and June. In fact, the rebound in jobs, spending and other key indicators has been stronger than expected. But that […]

Economic News – July 2020

Printable PDF Coming Back to Life The healing process has begun. With important economic data for May now in the books, it looks like the economy hit bottom in April. Not only have most economic indicators rebounded in May, they have come back much more strongly than expected on Wall Street. That together with some […]