International Corporate Rescue
Journal Issues
- Vol 1 (2004)
- Vol 2 (2005)
- Vol 3 (2006)
- Vol 4 (2007)
- Vol 5 (2008)
- Vol 6 (2009)
- Vol 7 (2010)
- Vol 8 (2011)
- Vol 9 (2012)
- Vol 10 (2013)
- Vol 11 (2014)
- Vol 12 (2015)
- Vol 13 (2016)
- Vol 14 (2017)
- Vol 15 (2018)
- Vol 16 (2019)
- Vol 17 (2020)
- Vol 18 (2021)
- Issue 1
- Issue 2
- Issue 3
- Issue 4
- Issue 5
- Issue 6
- Vol 19 (2022)
- Vol 20 (2023)
- Vol 21 (2024)
- Vol 22 (2025)
Vol 18 (2021) - Issue 1
Article preview
Some Good News
Kathleen Stephansen, Independent Economist, New York, USAUS recovery support
A more sanguine US economic outlook emerged as 2020 drew to a close, thanks to the December fiscal relief package and progress on the COVID-vaccine. They set the stage for a 'work-spend' recovery to gradually take hold.
Consumer spending represents 70% of GDP. Its recovery is therefore key for the overall economic recovery and depends on the rebound of jobs and confidence.
Spending posted wide gyrations last year, falling by 7% (SAAR) in Q1 2020 and by 33% in Q2. It rebounded by 41% in Q3, though in November was still 3% below its January 2020 level.
Buy this article
Get instant access to this article for only EUR 55 / USD 60 / GBP 45
Get instant access to this article for only EUR 55 / USD 60 / GBP 45
Buy this issue
Get instant access to this issue for only EUR 175 / USD 230 / GBP 155
Get instant access to this issue for only EUR 175 / USD 230 / GBP 155
Buy annual subscription
Subscribe to the journal and recieve a hardcopy for
EUR 730 / USD 890 / GBP 560
Subscribe to the journal and recieve a hardcopy for
EUR 730 / USD 890 / GBP 560
If you are already a subscriber
log In here
log In here
Copyright 2006 Chase Cambria Company (Publishing) Limited. All rights reserved.
