Archive: Economic and Financial Digest

March 31, 2021 | Economic and Financial Digest

A Looming Economic Heat Wave

Spring has sprung, and the season of hope is resonating throughout the economy. After suffering a 3.5 percent contraction in 2020 – the steepest since demobilization in 1946 – real GDP is poised to surge as much as 7 percent this year, which would rival the largest annual gains since World War II. The widely […]

February 28, 2021 | Economic and Financial Digest

Policies Go Big

The bleak economic landscape that prevailed in the closing months of 2020 has not faded from the collective memory of the American public. With the pandemic still claiming lives and the economy still reeling from business restrictions and virus fears that hamper normal behavior, the lingering effects cannot be ignored. Yet as the curtain rises […]

January 27, 2021 | Economic and Financial Digest

A Chilled But Not Frozen Economy

It’s shaping up to be a cold winter for the U.S. economy, as the pandemic continues to rampage throughout the nation and wreak havoc on all forms of activity that involves in-person transactions. State and local governments are tightening business restrictions and urging residents to more diligently adhere to social distancing protocols. With a new […]

December 28, 2020 | Economic and Financial Digest

2021 Can’t Come Soon Enough

We’ve always said that the health crisis would determine the path of the economy, and the latest news on the pandemic is concerning. Cases of the virus, hospitalization and mortality rates have surged to unfathomable levels, and health experts believe this distressing trend will accelerate after the holidays. While the happy prospect of widespread vaccinations […]

November 24, 2020 | Economic and Financial Digest

Rocky Road To A Vaccine

Like his former boss, President Barack Obama, Joe Biden will be inheriting a damaged economy when he takes office on January 20. The Covid-19 pandemic has not only sent the nation into its deepest recession since the 1930s, it is leaving indelible scars that will restrain activity for some time to come. Worse, he will […]