Economic Analysis and Policy Outlook of U.S. in December 2021
Conclusions The Omicron mutant is more contagious than the Delta mutant, which may further delay the recovery of the global supply chain, and it may be difficult for the U.S. to ease its inflation. Supply chain disruptions, labor shortage, rising raw material costs and other causes led to high infl…
Economic Analysis and Policy Outlook of the U.S. in November 2021
Conclusions Latest data show that the U.S. economy recovered less strongly than expected in the third quarter, but that the economy is overall in good state. The negative impact of the pandemic on the U.S. economy is gradually receding, with the domestic economy and living conditions in general ret…
Economic Analysis and Policy Outlook of U.S. in September 2021
Conclusions According to the latest data, the COVID-19 cases in the United States rebounded sharply with the spread of Delta variant, and the overall economic recovery slowed down. Personal consumption expenditure has become the main driving force for its GDP growth in the second quarter. The deman…
Economic Analysis and Policy Outlook of U.S. in July 2021
Conclusions According to the latest data, the impact of the COVID-19 pandemic on the U.S. economy has reached the middle and late stages. American people are seeking retaliatory consumption of travel. Supply chain bottleneck sees no improvement. Prices are rising rapidly in the short term, with the…
Economic Analysis and Policy Outlook of the U.S. in June 2021
Conclusions The latest data showed that with the orderly arrangement of vaccinations in the United States, the overall economy continued to recover in May. Among them, personal consumption became the main driving force for GDP growth in the first quarter, especially with the opening-up of…
Economic Analysis and Policy Outlook of the U.S. in April 2021
Conclusions Since the Biden administration came to power, vaccinations have been arranged in an orderly way, fiscal stimulus has been adequate, and the pandemic has been well controlled. The U.S. economy continued to recover in April. The concrete manifestations included that consumer confidence ha…
Economic Analysis and Policy Outlook of the U.S.in February 2021
Conclusions The current data shows the U.S. economy is expanding moderately: personal income increased sharply in January, personal consumption expenditure and retail sales increased steadily; employment increased in February, unemployment rate declined slightly in U3, manufacturing and service ind…
Economic Analysis and Policy Outlook of the U.S.in January 2021
Conclusions The U.S economy continued to recover, and the manufacturing industry was also gaining momentum. The recovery of the job market has slowed down, but the number of permanent unemployed people has begun to decline. The Beige Book in January showed that consumer expenditures were a mixed p…
Economic Analysis and Policy Outlook of the U.S. in November 2020
Conclusions Generally speaking, the U.S. economy is recovering steadily. However, as the pandemic is still lingering, people are reluctant to travel, which has severely affected the recovery of the aviation and oil mining industries. After the stay-at-home order was lifted, people's demand for g…
