With the economic recovery still in its early stages, an important component of the Federal Reserve’s response to the economic collapse last spring is in danger of expiring. … READ MORE >
Blog
CHART OF THE DAY: Where in the world is wage push inflation?
Much of the talk about risks to the economic outlook has been linked to the prospect of higher inflation following more than $5 trillion in federal spending to address the pandemic. But what is often missing in that discussion is the link between price volatility and wages. … READ MORE >
Making sense of inflation: What we can learn from post-recession recoveries
It can take an average of 27 months after a recession for inflation to return to normal as sustained economic growth is attained and inflation reaches its assumed 2% target. This implies that some of the recent concerns around inflation are premature. … READ MORE >
Initial jobless claims: Expect the number to swell in coming weeks on benefits extension
First-time jobless claims remained elevated for the week ending March 6, arriving at 712,000, down from an upwardly revised 754,000, the Labor Department reported on Thursday. … READ MORE >
5 things to know in life sciences: Week of March 8
This week we examine COVID-19 variants, heightened scrutiny on accelerated approval phase 4 confirmatory trials, gaps in the understanding of racial and ethnic representation in vaccine trials, tiny cancer-fighting robots and more. … READ MORE >
Economics of the $1.9 trillion American Rescue Plan Act
The legislation will provide a robust tailwind to the domestic economy as it recovers from the pandemic and likely boost gross domestic product by an additional three percentage points. … READ MORE >
Pandemic recovery signals new ways health care can serve and grow
Health care services are poised to lead the services recovery for the next two years, according to analysis from the UCLA Anderson School of Management. … READ MORE >
CHART OF THE DAY: Lagging employment in education and health care
Even as the economy begins to recover and jobs return, employment remains well below pre-pandemic levels in many key sectors. Two of these areas are education and the health care industry, according to the recent jobs data from the Labor Department. … READ MORE >
Building the new normal in health care
As the health care provider industry works toward a new normal, physical infrastructure scrutiny will likely be top of mind for many organizations. … READ MORE >
U.S. February Consumer Price Index: Inflation to rise from a low base
In February, the top-line CPI index increased by 0.4% month over month and by 1.7% year over year. Core CPI excluding food and energy inched forward by 0.1% on the month and rose 1.3% on a year-ago basis. … READ MORE >