Inflation inequality
The White House has brought on Office of Management and Budget official Celeste Drake as the new deputy director of the National Economic Council for labor and economy.
Source: politico.com
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COVID-19 And Small Businesses: Uneven Patterns By Race And Income
From Liberty Street Economics-- this post authored by Ruchi Avtar, Rajashri Chakrabarti, Davide Melcangi, Maxim Pinkovskiy, and Giorgio Topa
Source: econintersect.com
Racial And Income Gaps In Consumer Spending Following COVID-19
-- this post authored by Ruchi Avtar, Rajashri Chakrabarti, Maxim Pinkovskiy, and Giorgio Topa This post is the first in a two-part series that seeks to understand whether consumer spending patterns during the COVID-19 pandemic evolved differentially across counties by race and income. As the pandemic hit and social distancing restrictions were put into place in March 2020, consumer spending plummeted. Subsequently, as social distancing restrictions began to be relaxed later in spring 2020, consumer spending started to rebound. We find that higher-income counties had a considerably steeper de...
Source: econintersect.com