The global economic recovery continued its acceleration in the first half of 2020, though unevenly in some regions where lagging vaccination rates and the emergence of the “Delta variant” have driven up case numbers. In the U.S., the robust recovery has continued largely unabated. The Atlanta Fed’s GDP tracker is forecasting Q2 growth to reach […]

As expected, economic activity boomed in the first few months of 2021. Widespread vaccinations, pent-up consumer demand, and a massive injection of government stimulus brought the economy roaring back to life. GDP jumped 6.4% in the first three months of the year. Aside from the initial reopening surge in the third quarter of last year, […]

Despite a severe economic downturn caused by the coronavirus and ensuing shutdown, the U.S. economy staged an impressive comeback in the second half of 2020. At the end of the year, the economy was just 2.5% smaller than at the end of 2019, an impressive feat few would have predicted during the initial downturn. The […]

As we head into the final weeks of 2020, the economic recovery has continued its strong, if uneven, pace. Third-quarter GDP growth topped lofty expectations, expanding at a 33.1% annualized rate. Strong job growth in October brought the unemployment rate down to 6.9%, a rate much lower than most thought possible early in the year. […]

Following steep losses in the immediate aftermath of the coronavirus, the stock market saw a swift recovery, making up much of the losses and, in some cases, reaching new highs. Despite the rebound in the stock market, the broader economy saw a historic 32.9% decline in GDP in the second quarter. While we anticipate a […]