Economic Commentary provides a take on the most recent U.S. economic events, indicator releases, and policy developments. These events are put into context of our projections and market views to see the practical implications of the economic moves.
We continue to see a ‘swoosh’-shaped US economic recovery path.
Recent US COVID-19 trends have continued to improve generally, particularly for hospitalizations and deaths.
First, on the Data Tracker Matrix, we have replaced Business Formations with the Staffing Index from the American Staffing Association.
We are seeing continued improvement in the key virus-related data, including confirmed cases and hospitalizations.
Our Econ-at-a-Glance gives you many of the key U.S. economic indicators and their trends in a simple, convenient chart.
All of the key virus-related data continued to improve this past week, including the number of COVID-19 tests.