The pandemic-induced recession, which was characterized by its speed and severity, is rapidly becoming a memory as the economy shows remarkable signs of regaining its footing. Spending has reached its pre-pandemic level and we anticipate that June will mark the turning point at which the economy moves ... READ MORE >
recovery
What PPP loan data reveals about business and professional services and the economic recovery
Business and professional services (BPS) firms borrowed more Paycheck Protection Program loans through June than all but four segments of the U.S. economy. Industry executives took advantage of federal assistance in an effort to maintain their capabilities and client relationships by retaining their ... READ MORE >