Citizens Business Conditions Index™ Finds Recovery Co

Citizens Business Conditions Index™ Finds Recovery Continues Amid Increased Vaccinations, Fiscal Package


Press release content from Business Wire. The AP news staff was not involved in its creation.
Citizens Business Conditions Index™ Finds Recovery Continues Amid Increased Vaccinations, Fiscal Package
April 30, 2021 GMT
PROVIDENCE, R.I.--(BUSINESS WIRE)--Apr 30, 2021--
Citizens announced today that continued economic recovery from the shock of COVID-19 kept the past quarter’s national Citizens Business Conditions Index™ (CBCI) in upbeat territory, with another healthy reading of 53.3. This compares with the fourth quarter reading of 56.0. A reading above 50 is considered expansionary.
Better-than-expected vaccination rates buoyed the outlook for many Americans, while a newly signed fiscal relief package provided additional stimulus checks, as well as support for the unemployed and for state governments. These developments helped to boost business activity and put the recovery on more stable footing, based on CBCI indicators. This momentum extended across both manufacturing and services sectors, though mixed signs in employment and new-business applications underscored the uneven progress across the economy.

Related Keywords

Rhode Island , United States , Americans , Frank Quaratiello , Tony Bedikian , Twitter , Citizens Financial Group Inc , Institute For Supply Management , Citizens Business Conditions Index , Supply Management , Non Manufacturing Indexes , Citizens Financial Group , Financial Group , Consumer Banking , New England , Commercial Banking , Business Wire , ரோட் தீவு , ஒன்றுபட்டது மாநிலங்களில் , அமெரிக்கர்கள் , ட்விட்டர் , குடிமக்கள் நிதி குழு இன்க் , நிறுவனம் க்கு விநியோகி மேலாண்மை , குடிமக்கள் வணிக நிபந்தனைகள் குறியீட்டு , விநியோகி மேலாண்மை , குடிமக்கள் நிதி குழு , நிதி குழு , நுகர்வோர் வங்கி , புதியது இங்கிலாந்து , வணிகரீதியானது வங்கி , வணிக கம்பி ,

© 2025 Vimarsana