Americans have been growing more confident about the economy and their finances as the end of the pandemic seems to be drawing near. But a closer look reveals that this optimism is unevenly spread across the country. Examining where confidence is lacking may provide clues as to how economic recovery will continue to develop. Consumer […]
The Biden administration says jobs will fix the climate crisis. "Our plans are ambitious, but we are America," President Biden said. "We're b…
Federal Reserve Chair Jerome Powell underscored the U.S. economy's ongoing weakness Tuesday in remarks that suggested that the Fed sees no nee…
With stimulus checks in their pockets, Americans felt confident to shop and spend last month beyond what economists had projected. But how long will that confidence last? Fifty-five percent of Americans believe the economy will recover quickly once pandemic restrictions are lifted, according to the Forbes Advisor-Ipsos Consumer Confidence Weekly Tracker. While that’s just a […]
PennyGem’s Elizabeth Keatinge tells us why there could be downsides to a post-pandemic supercharged economy.
According to some economists, things are starting to look up for the post-pandemic economy. But winter blues, slow jobs recovery and delayed stimulus mean that many Americans don’t share that enthusiasm. Americans’ confidence in the job market dropped 4.5 points to 53 this week, according to the Ipsos-Forbes Advisor U.S. Consumer Confidence Weekly Tracker. That […]
The Covid-ravaged American economy was on the verge of slipping into a double-dip recession at the end of 2020. The pandemic was intensifying, gridlock paralyzed Washington and millions of families were about to lose crucial benefits.