The shutdown late in Q1 inflicted significant damage.
GDP, Income, and Spending Plummet: April 27 – May 1
Layoffs Skyrocketed in Mid-March: March 23 – 27
The first set of data reflecting the impact of the COVID-19 pandemic—jobless data—came out last week.
Personal Incomes Flourished in January: February 24 – 28
The U.S. economy started 2020 with some positive numbers, but questions emerge about the potential impact coming from COVID-19.
What We Learned About the U.S. Economy Last Week 