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With layoffs down and spending up, US rebound gains momentum | News, Sports, Jobs

Apr 16, 2021 WASHINGTON (AP) A much-awaited economic boom coming off the pandemic recession appeared to edge closer to reality Thursday with fresh data showing the pace of layoffs dwindling, consumers spending freely and manufacturing rebounding. The latest barometers point to a U.S. economy that’s steadily regaining its health as vaccinations accelerate, business curbs are lifted in many states and more people are willing to travel, shop, eat out and otherwise resume their spending habits. Though many Americans who have lost jobs or income are still suffering, hopes are rising that the benefits of the recovery will spread further in the coming months to groups of people who have yet to benefit.

With layoffs down and spending up, U S economy gains momentum

With layoffs down and spending up, U.S. economy gains momentum Stimulus checks, return to work boost consumers By CHRISTOPHER RUGABER and JOSEPH PISANI, Associated Press Published: April 15, 2021, 8:16pm Share: 2 Photos A salesperson helps a customer shopping for boots at the L.L. Bean flagship retail store in Freeport, Maine, on March 18. Newly vaccinated and armed with $1,400 stimulus checks, Americans went on a spending spree last month, buying new clothes and going out to eat again, the Commerce Department said Thursday. (robert f. bukaty/Associated Press) Photo Gallery WASHINGTON A much-awaited economic boom coming off the pandemic recession appeared to edge closer to reality Thursday with fresh data showing the pace of layoffs dwindling, consumers spending freely and manufacturing rebounding.

With Layoffs Down And Spending Up, Rebound Gains Momentum | News, Sports, Jobs

Christopher Rugaber and Joseph Pisani Newly vaccinated and armed with $1,400 stimulus checks, Americans went on a spending spree last month, buying new clothes and going out to eat again. Retail sales surged a seasonally adjusted 9.8% after dropping about 3% the month before, the Commerce Department said Thursday. AP photo WASHINGTON A much-awaited economic boom coming off the pandemic recession appeared to edge closer to reality Thursday with fresh data showing the pace of layoffs dwindling, consumers spending freely and manufacturing rebounding. The latest barometers point to a U.S. economy that’s steadily regaining its health as vaccinations accelerate, business curbs are lifted in many states and more people are willing to travel, shop, eat out and otherwise resume their spending habits. Though many Americans who have lost jobs or income are still suffering, hopes are rising that the benefits of the recovery will spread further in the coming months to groups of people w

World Briefing | News, Sports, Jobs - Morning Journal

World Briefing | News, Sports, Jobs - Morning Journal
morningjournalnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningjournalnews.com Daily Mail and Mail on Sunday newspapers.

With layoffs down and spending up, US rebound gains momentum - Santa Monica Daily Press

With layoffs down and spending up, US rebound gains momentum Apr. 16, 2021 at 6:00 am CHRISTOPHER RUGABER and JOSEPH PISANI, AP Business Writers A much-awaited economic boom coming off the pandemic recession appeared to edge closer to reality Thursday with fresh data showing the pace of layoffs dwindling, consumers spending freely and manufacturing rebounding. The latest barometers point to a U.S. economy that’s steadily regaining its health as vaccinations accelerate, business curbs are lifted in many states and more people are willing to travel, shop, eat out and otherwise resume their spending habits. Though many Americans who have lost jobs or income are still suffering, hopes are rising that the benefits of the recovery will spread further in the coming months to groups of people who have yet to benefit.

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