Although the delta variant of Covid-19 is taking a renewed toll on the economy of the United States, many industries have recovered quite well since last year. But looking at the long term, U.S.
When it comes to measuring the strength of the economy, one of the most important metrics to watch is the gross domestic product, or GDP. This week, the Commerce Department announced the U.S. had ...
These four pillars are the best antidote to the idea of the “vibecession”—a state defined by persistent negative “vibes” and ...
An earlier version of this story inadvertently mischaracterized the direction of GDP. After a blockbuster 2021, the U.S. economy decidedly came back to earth early this year, contracting for the first ...
WASHINGTON — The U.S. economy grew last year at the fastest pace since Ronald Reagan’s presidency, bouncing back with resilience from 2020’s brief but devastating coronavirus recession. The nation’s ...
Imagine waking up tomorrow and discovering that every price in the economy has snapped back to what it was in 2020. Gas.
In 2020, we observed the largest one-year debt surge since World War II, with global debt rising to $226 trillion as the world was hit by a global health crisis and a deep recession. Debt was already ...
Global debt remained above pre-pandemic levels in 2021 even after posting the steepest decline in 70 years, underscoring the challenges for policymakers. Total public and private debt decreased in ...