As the Covid-19 pandemic slowly retreats, will the economies the major cities of developed nations in particular return to their pre-pandemic ways? Will the wave of telecommuting continue and even increase in scope? The answers will take substantial time to be realized, but there are signs of change that could become permanent. Exodus From Urban […]
CAN CITY CENTERS RECAPTURE ECONOMIC ACTIVITY? Read More »
The signs we are seeing about the current economic recovery are mixed—in some instances it appears that the recovery is moving along as planned, but other signs point to potential problems. By drilling down closer we may be able to see if the economy is on the right track or recession is just around the
IS THE CURRENT ECONOMIC RECOVERY IN TROUBLE? Read More »
In spite of the pandemic and recession, US consumers will have an impressive stockpile of cash ready to use. What’s surprising is that household savings generally do not increase during a recession. Net household incomes often fall as pay and/or benefits decline and breadwinners are subject to losing their jobs. Savings are then consumed and
THE PANDEMIC’S CASH SURPLUS EFFECT Read More »
In spite of the ongoing Covid 19 pandemic, there’s good news and bad news regarding the U.S. economy. The good news is, the economy grew by an annualized rate of 33% in the third quarter of 2020. That bad news is, that’s still about 3.5% smaller than it was at the end of 2019. Most
FORWARD OUTLOOK FOR THE U.S. ECONOMY Read More »