Summary In the 3rd quarter of 2020, the U.S. economy continued to rebound from the initial fallout of the COVID-19 pandemic. While growth was strong across many markers of economic…

Summary In the 2nd quarter of 2020, the U.S. economy faced devastation due to the COVID-19 pandemic, then began to rebound as strict public health measures were relaxed after their…

Summary In the 1st quarter of 2020, the U.S. economy has suffered widespread ramifications of the global COVID-19 pandemic. Worldwide restrictions on in-person gathering and economic activity, along with the…

Summary An outbreak of a novel coronavirus named COVID-19, a respiratory virus capable of causing pneumonia, spread outward from its epicenter of Wuhan, China beginning in January 2020. As of…

Summary Real GDP grew modestly during the 4th quarter, meeting economists’ expectations. Continued sluggishness in business investment held back growth, but personal and government spending continued to increase. The Federal…