Economic indicators signal even stronger U.S. rebound
Recent reports show the U.S. economy is on a solid recovery path, but real-time indicators suggest the magnitude of the consumer-led rebound could be even more dramatic. Sectors that have lagged in the COVID-19 pandemic shutdowns â including airlines, hotels and even movie theaters â are showing a strong improvement as vaccinations accelerate. The March employment report showed 916,000 jobs were added, the most in seven months, and Institute for Supply Management reported factory activity expanded at the fastest pace since 1983. But the official data may be understating these gains....
Source: nny360.com
