A Rising Tide
A robust economy and positive outlook among consumers and businesses continue to pilot the ship toward pre-pandemic normalcy
Author:
Jonathan Hough
A prime measure of consumer confidence soared in April as the number of fully vaccinated Americans rose above the 100 million milestone.
The Conference Board reported that its Consumer Confidence Index rose to 121.7 from a revised 109.0 in March and was at a 14-month high.
“Consumers’ assessment of current conditions improved significantly in April, suggesting the economic recovery strengthened further in early Q2,” Lynn Franco, senior director of economic indicators at The Conference Board, stated in a press release. “Consumers’ optimism about the short-term outlook held steady [as] consumers were more upbeat about their income prospects, perhaps due to the improving job market and the recent round of stimulus checks. Short-term inflation expectations held steady in April but remain elevated. Vaca
A note from Bob Katzen, Publisher of Beacon Hill Roll Call:
Join me this Sunday night and every Sunday night between 6 and 9 p.m. for my talk show “The Bob Katzen Baby Boomer and Gen X Show.” Jump in my time capsule and come back to the simpler days of the 1950s, 1960s, 1970s and 1980s.
There are many ways you can listen to the show from anywhere in the world:
If you have a smart speaker, simply say, “Play WMEX on Audacy.com ”
Download the free www.Audacy.com app on your phone or tablet
Listen online at www.wmexboston.com
Over the past year, millions of people learned how to work, go to school, and “socialize” from their living rooms, and sadly, 200,000 businesses permanently closed due to the coronavirus pandemic. For months, we waited with bated breath as Operation Warp Speed spurred vaccine development and began distribution at a record pace.