In a pandemic role reversal, places like Columbus, Ohio, and Indianapolis have low unemployment rates compared with Boston and San Francisco.108
Farmers in Asia’s food bowl warn of declining profits, smaller harvests and rising prices.
Sales of previously owned homes rose in January, as a shortage of homes for sale continued to push home prices higher.
U.S. services companies see increased demand while Europe and Japan experience declines; manufacturers report a more-even recovery.
Rising bond yields appear to reflect investors’ optimism over the outlook for the U.S. economy, Federal Reserve Bank of New York leader John Williams said Friday during an interview with CNBC in which he also played down concerns regarding financial stability risks.
Last spring, companies with urgent staffing needs formed partnerships with companies hard-hit by the pandemic to match furloughed workers with open jobs. Those alliances are paying off.1