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Mon, 13 Jul 2020 03:28:24 GMT
Here are five charts illustrating U.S. economic trends amid the coronavirus pandemic
These five charts illustrate trends in important industries that help track reopening progress in the U.S.
Fri, 10 Jul 2020 21:16:16 GMT
Real-time data is showing that the coronavirus is causing 'widespread' economic damage
Surging coronavirus cases are showing up in both a slowdown of current economic activity as well as future plans, according to real-time data tracking things like job listings, dining out and vacations.
Fri, 10 Jul 2020 17:18:14 GMT
Wearing masks is now the most important thing for the economy, Fed's Kaplan says
"If we all wore a mask, it would substantially mute the transmission of this disease and we would grow faster," he added.
Fri, 10 Jul 2020 12:38:32 GMT
U.S. producer prices unexpectedly fall in June
U.S. producer prices unexpectedly fell in June as the economy battles depressed demand amid the Covid-19 pandemic.
Thu, 09 Jul 2020 20:26:34 GMT
Employment recovery may be slowing as virus cases climb
Data from staffing firms that track hourly employees show job growth may have stagnated or even declined in recent weeks.
Thu, 09 Jul 2020 16:02:36 GMT
Jobless claims at better-than-expected 1.3 million, total getting benefits falls to 18 million
Weekly jobless claims were lower than expected last week as workers slowly returned to their jobs in the wake of rising coronavirus cases.
Tue, 07 Jul 2020 21:53:33 GMT
Fed's Mester says economic growth 'leveling off,' sees more help needed
"Over the past week or so, there's been some leveling off, and I think it's probably due to the increase in cases not only in Ohio but across the country," Mester said.
Tue, 07 Jul 2020 10:39:43 GMT
Fed's Bostic reportedly says U.S. recovery may be 'leveling off'
Atlanta Federal Reserve Bank President Raphael Bostic said the U.S. economic recovery is in danger of stalling due to the recent spike in coronavirus cases across many American states.
Mon, 06 Jul 2020 17:58:33 GMT
Raphael Bostic, the Fed's first Black branch president, says racism has economic impacts
The Federal Reserve has a role to play in ending systemic racism, in the view of the central bank's first Black regional president
Mon, 06 Jul 2020 15:25:25 GMT
Goldman lowers economic outlook as U.S. copes with rising coronavirus cases
The bank's economists now see third-quarter gross domestic product rising by 25% on an annualized basis.