Quarterly Economic Updates

Highlights “Balancing a robust economic recovery with searing inflationary pressures continues to be a main challenge for the U.S.” Summary In the 4th quarter of 2021, the U.S. economy pressed…

Highlights “Supply chains across the globe continue to face complex challenges in both production and shipment. Worker shortages represent a particular challenge to supply, affecting availability of parts as well…

Highlights “The near-term economic outlook will largely depend on the US and the rest of the world’s success in inoculating its populace from the virus while rebuilding the economy.” Summary…

Summary The first quarter of 2021 experienced the peak of U.S. cases in early January and a shaky vaccine rollout before offering a glimmer of hope in late January. While…

Summary In the 4th quarter of 2020, the U.S. economy continued its rebound from the fallout of the COVID-19 pandemic. Emergency vaccine approvals and a second relief bill, the Coronavirus…

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…