June 9, 2021 at 3:05 PM
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No aspect of life in America escaped unscathed from the COVID-19 pandemic. Millions got sick, hundreds of thousands died, and even day-to-day tasks like picking up groceries and going to work changed dramatically.
We are not quite out of the woods yet. But nearly two-thirds of Americans have received at least one COVID shot. More than a million vaccine doses are still being administered every day, on average. Given the new guidance from the CDC on fully vaccinated individuals being largely able to resume pre-pandemic life (without having to wear a mask), businesses, government offices, and all sorts of places of public accommodation are beginning to enthusiastically reopen.
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Consumer sentiment weakens in April amid coronavirus surge
Consumer sentiments have been particularly battered during the last three weeks of April, says the Centre for Monitoring Indian Economy s (CMIE) managing director and chief executive Mahesh Vyas
BusinessToday.In | May 4, 2021 | Updated 16:45 IST
The index of consumer sentiments plunged by 3.8% in April, its sharpest fall since May 2020, says CMIE
The COVID-19 second wave had a detrimental impact on household sentiments in April, according to the Centre for Monitoring Indian Economy (CMIE).
There is widespread anguish that is spilling over into the anxiety concerning the long-term well-being of households, says CMIE s managing director and chief executive Mahesh Vyas.
“A full week after the presentation of the Union Budget, the Index of Consumer Sentiments fell 4.2% in contrast to a 9% increase in equity market valuations response to the budget on the bourses,” CMIE said in its weekly analysis. “Households were not very impressed with the budget. On the contrary, they have expressed their displeasure with it,”it said. The findings are based on the Consumer Pyramids Household Survey by CMIE.