Despite the challenges many businesses still face, the US has a large and active economy. In this new report, Bruce Yandle asks if the worst of America’s coronavirus recession is in the past. Upon further analysis, he finds reason for optimism. Weekly unemployment claims peaked in March, and the construction, retail, leisure, manufacturing, and home sales industries are all showing strength.
The report also examines the federal deficit and funding for the nation’s coronavirus-related expenditures, tariffs' impacts on the purchase of US Treasury bonds, and the regulation of “green” investments. This quarter, the report takes a deep dive into the factors behind Oklahoma’s surprising economic performance. Yandle also includes his latest reading recommendations.
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