Amelia Thomson-DeVeaux and Neil Paine
Amelia Thomson-DeVeaux and Neil Paine
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Economists Think Congress Could Create An Economic Disaster This Summer

Economists Think Congress Could Create An Economic Disaster This Summer

Graphics byCongress has less than a month to hammer out a deal on the next round of stimulus before . State and local governments are of budget shortfalls. And while the U.S. in last week’s , which featured an unemployment rate 2.2 percentage points lower in June than it had been in May, the economy has been thrown back into chaos in the meantime, with pulling back on their reopenings amid spiking COVID-19 infections and hospitalizations.Our newest highlights just how consequential governmental decisions over the next month may be: On average, these economists think that a refusal by...

July 7, 2020
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Don’t Expect A Quick Recovery. Our Survey Of Economists Says It Will Likely Take Years.

Don’t Expect A Quick Recovery. Our Survey Of Economists Says It Will Likely Take Years.

Graphics byAll across the country, the gears of the economy are grinding slowly and creakily into motion. for in-person shopping in California. It’s possible in Alabama. And in Alaska, — albeit with strict capacity and spacing limits.The reopening of the economy might seem like a promising sign. After all, as shuttered stores and restaurants reopen, workers can return to their jobs or look for new positions, and industries that have seen slowdowns can resume operations. Some politicians — including President Trump — have .But how quickly will the economy really be able to bounce back? How...

May 26, 2020
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