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  1. Jul 1, 2021 · The Biden administration’s proposed spending plans will add momentum, raising GDP by more than 5 percent from 2022 to 2024, and will create a lasting impact by increasing productivity and labor force participation. The economic impact of the American Jobs Plan (AJP) and American Families Plan (AFP) was the focus of the IMF’s annual economic ...

    • USA and The IMF

      The last Article IV Executive Board Consultation was on July...

  2. Aug 27, 2021 · Economist Jonathan Wright shares insights on key indicators for recovery amid the COVID-19 pandemic as well as thoughts on what was learned during the Great Recession

  3. May 31, 2022 · The economic recession triggered by COVID-19 caused a historically rapid and deep decline in economic activity and employment. This decline was caused by reductions in supply (production of goods and services) and demand (spending). Policymakers responded by rapidly implementing historically large fiscal and monetary stimulus

  4. Apr 3, 2024 · Federal policymakers enacted substantial relief and recovery measures in 2020 and 2021 to support the economy and relieve hardship. These measures helped fuel an economic recovery beginning in May 2020 that made the deepest recession in the post-World War II era also the shortest.

  5. Oct 6, 2021 · Treasury Secretary Janet Yellen issued a warning that if the U.S. government does not vote to fix the debt ceiling the nation will go into a recession. The stark warning comes after...

    • Erika Giovanetti
  6. Sep 26, 2022 · Though the BCDC hasn’t declared that the economy is currently in a recession, our calculations include the current periods: the third quarter of 2021 through the second quarter of 2022. We focused on these four indicators because data for real personal consumption are limited, and nonfarm payroll employment and household employment measure ...

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  8. Sep 17, 2021 · The White House warned on Friday that a failure by the U.S. Congress to extend the debt limit could plunge the economy into a recession and could lead to cuts in critical state services.

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