You Searched For "coronavirus recovery" and got 20 results
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3 mins read
Most people worldwide see another 2 years before the economy recovers from the pandemic, survey says
Most people worldwide say their governments will be key to driving economic recovery, but 60% of Am…
Madison Hoff
2 mins read
Almost half of Americans used the $1,400 stimulus checks to pay off debt
Former Fed economist Claudia Sahm recently published a paper looking at how the third round of stim…
Madison Hoff
1 min read
The coronavirus recession only lasted 2 months, the shortest downturn in US history
The National Bureau of Economic Research found the recession only lasted from February 2020 to Apri…
Madison Hoff
3 mins read
More than half of American households didn't pay any federal income tax last year
"The number of households who paid no income tax last year truly was eye-popping," wrote Howard Gle…
Madison Hoff
3 mins read
The week the Delta variant threatened the economy
The highly contagious Delta variant of the coronavirus now makes up the majority of US Covid cases.…
Hillary Hoffower,Andy Kiersz
3 mins read
Spending at US retailers rockets 9.8% higher as stimulus supercharges reopening
The bounce nearly doubled the median estimate for a 5.8% gain and places sales at their highest lev…
Ben Winck
2 mins read
Americans haven't hated the economy this much since the sloth-like recovery from the Great Recession
The jobs recovery is nearly finished, spending is at record highs, and wages are booming. But infla…
Juliana Kaplan,Ben Winck,Andy…
3 mins read
3 ways the economic recovery could suddenly turn into a recession as red flags mount
The pandemic, inflation and the Fed's possible response to it, and China's Evergrande fiasco could …
Andy Kiersz,Ben Winck
2 mins read
New York City is still waiting for its high-spending tourists to come back
Times Square is about to look like Las Vegas. Broadway is busy. Tourism is expected to increase by …
Hillary Hoffower
2 mins read
One jarring chart shows how China's latest COVID lockdown could threaten the US economic recovery
China's COVID lockdown has hurt its manufacturing industry. It's likely to hit the US economy as we…
Jason Lalljee
2 mins read
US economy faces 'tough months ahead' before staging a strong recovery, Treasury Secretary Yellen says
The Treasury, along with the SEC, CFTC, and the Fed, is looking into the GameStop-trading saga and …
Ben Winck
3 mins read
The US economy unexpectedly shrank in the first quarter for the first time since the pandemic crash
US gross domestic product shrank at an annualized rate of 1.4% in the first three months of 2022, b…
Ben Winck
2 mins read
The economy is still on track to finish its jobs recovery this summer
The US economy has recouped more than 96% of the jobs it lost at the start of the pandemic. The rem…
Ben Winck
3 mins read
More than half of US states could take over a year for their job markets to fully recover
Using six-month averages of employment growth, we looked at how long it could take each state to re…
Madison Hoff
2 mins read
33-year low in female labor participation rate requires new childcare and paid-leave policies, JPMorgan says
A federal family-leave guarantee and public education funding can bring women back to the labor for…
Ben Winck
2 mins read
The coronavirus recession is almost over, Wall Street strategists say
New coronavirus variants don't pose a significant threat to the US and the pandemic can "effectivel…
Ben Winck
3 mins read
One stunning chart shows just how much faster the US labor market is recovering now compared to the financial crisis
The US is on track to complete its labor-market recovery in about 2.5 years. The same achievement t…
Ben Winck
2 mins read
US consumer confidence unexpectedly falls to lowest since August as COVID-19 restrictions escalate
"Consumers do not foresee the economy gaining any significant momentum in early 2021," the Conferen…
Ben Winck
2 mins read
Services are roaring back to life in a 'post-Omicron rebound' according to one of the most closely watched business surveys
A popular gauge of service-sector health just improved for the first time in three months. Manufact…
Ben Winck
8 mins read
Biden is splitting with Obama on the economy and the proof is in their stimulus plans
"This is just incredibly different," said Obama DOL veteran Heidi Shierholz. "If my 2010 self could…