Macro Economic Overview
November 2020 With the election over, a lingering uncertainty has been removed as expectations of how fiscal policy and stimulus programs funded by government debt...
Category: Economy
Industries That Are Experiencing Higher Unemployment Due To The Pandemic
The most recent labor statistics made available by the U.S. Department of Labor is identifying more impactful increases in unemployment in certain industries than others....
Macro Economic Overview – October 2020
Worries regarding a second wave of infections heading into the fall, election uncertainties, and wavering economic indicators contributed to a dubious September. Equities paused from...
Hunger Becoming A Concern Globally As COVID Takes Hold
The effects of the Covid-19 pandemic yields much uncertainty and concern as the world sees trending patterns towards a global hunger crisis. The projected increase...
Inflation even higher for those over 62
Data compiled by the government via the Bureau of Labor Statistics (BLS) maintains a separate tally of inflation for people over 62. The rarely heard...
Covid-19 Pandemic Spending
Spending soared in May to a record 8.2%, reported by the Commerce Department, accompanied by an increase in personal income which rose 10.5% in April....
Macro Economic Overview – September 2020
U.S. equity indices rebounded in August to pre-pandemic levels that were last reached in early March of this year. The dramatic recovery in equity valuations...
Economic Data Hindered by Covid-19 Pandemic
Among the many disruptions caused by the pandemic, government data collection has been hindered considerably. Various agencies and departments of the federal government have relied...
Macro Economic Overview August 2020
A second wave of mandatory business closures that transpired throughout the country is expected to have more challenging ramifications for many employers than the first...