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.
The US added 245,000 jobs in November, which was undermined by the wind down of the 2020 Census.
US pandemic trends appeared to improve this past week.
Recovery Relapse Redux: Localized Pandemic Restrictions and Treasury Tussle Won’t Derail the Recovery
Two separate issues cropped up this week.
Our Econ-at-a-Glance gives you many of the key U.S. economic indicators and their trends in a simple, convenient chart.
The recent increase in US COVID-19 infections throughout the US, averaging more than 110,000 per day, is troubling.
US employers added 638,000 jobs in October, which was coupled with a dramatic full percentage point decline in the unemployment rate to 6.9%.