State of The US Economy - February 2021

Thursday, March 11, 2021

A new round of stimulus and supplemental unemployment checks revived the US economy in February. Income increased and households responded by increasing their spending and saving. Businesses hired. Even the news regarding COVID cases was encouraging. And this doesn’t include the additional fiscal stimulus from the Biden package. Most economists expect the additional spending will continue to prop up the economy. The news is good the economy should continue its robust recovery without a new outbreak of the coronavirus. To learn more about our progress and where we are heading, read our summary of vital statistics and analysis. More