How The Experts Are Measuring The Economic Recovery

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Based on the three main indicators economists say they’re using to judge the recovery, America has a long way to go before things are back to their pre-pandemic baseline.

are being followed less closely,” said Allan Timmermann, a professor of finance and economics at the University of California, San Diego, after he reviewed the survey’s findings.

The big headline numbers are the ones economists seem to be focusing on most, meaning they are the metrics that should tell us where we are in the process of recovering from the recession. But as we mentioned above, they are fundamentally lagging indicators — and that is exacerbated by the fast-moving nature of the virus, a crisis for which our traditional economic indicators

 

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It’s been obvious to see democrats aren’t going to let that happen till November 4. Disgusting hypocrites.

The only indicator should be hospital data.

RMoralesPE Typical Repug economy. Time for a DemocratIC president to step in and clean it up, during which the Repugs will suddenly express concern about the deficit they created. Rinse. Repeat.

Lies and ur experts are the worst.

Democratic run cities are tanking the economy as aoc asked publicly

Retail sales are being propped up by massive federal support to both businesses and consumers. If the rate of support falls (as seems extremely likely) so will retail sales.

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But Trump is in denial (or lying) that the economy will soon be back to normal cuz of his getting Americans back to work despite Covid-19. He wants 2 do the same 4 reopening schools. US econ has to recoup 20 mil jobs be4 US gets to anything close 2 normal

Thanks to democratic-run States

hey yall going to talk about the black man who shot at police officers and was shot behind the back and try to justify it? or yall just not going to talk about it bc yall dont care

Which is why we must re-elect Donald Trump.

Bull... Trump will bring it back fast. Biden would destroy our economy...

Small town America is doing just fine, recovering, doing what they can to prevent covid and financial collapse. It's the reports on the big cities that make the country look like it's on it's last leg. smalltownamericawins smalltownamericadoesntgiveup

Democrats like bad news about the economy. since it took a hit due to the coronavirus, that's why they lie about the remedy. Hydroxychloroquine works. It works in Europe, it works in New York, it works in LA, it works in Michigan.

Looks like '1 percent' will have to shoulder much of the burden.

Going back to Obama economic highs has shown us how much President Trump made the economy boom after he took office.

The hole POTUS Trump has put us all in is fairly deep. The current unemployment rate in double digits and if anything it's an underestimate. That’s a very very bad state for the labor market to be in. It’s worse in fact than at any point during the Great Recession. VoteHimOut

Ya think?

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