Ungated Post | 07 Aug 2020
US Recovery Tracker reveals a fragile economy
- Our Recovery Tracker fell 0.7ppts to 76.5 in the week ended July 24. Four of the tracker’s six sub-categories declined, with the health index leading the way lower. Risks remain clearly tilted to the downside as more than 60,000 new Covid-19 cases were recorded per day and the economy eagerly awaits another virus relief package.
- Four months after the CARES Act was signed into law, multiple dimensions of the recovery now look constrained. With a health solution still out of reach and the rebound looking fragile, fiscal stimulus is urgently needed to prevent the economy from sliding back into a downturn. Lawmakers can mitigate unnecessary damage by striking a new stimulus before their August recess.
Tags:
You may be interested in
Post
Oxford Economics launches enhanced Real Estate Economics Service
Oxford Economics is pleased to unveil its enhanced Real Estate Economics Service, now covering 100 global cities.
Find Out More
Post
Oxford Economics Acquires Majority Stake in Alpine Macro
We're excited to share that Oxford Economics has acquired a majority stake in Alpine Macro, a prominent global investment research firm based in Montreal, Quebec, Canada.
Find Out More
Post
Oxford Economics Leads 2025 Analyst Forecast Awards
We are honoured to receive a total of 103 awards in this year’s FocusEconomics Analyst Forecast Awards. Our team of over 400 economists and analysts demonstrated exceptional forecasting precision in both advanced and emerging economies, including the UK, Italy, Egypt, Brazil, Vietnam and more.
Find Out More
