The December decrease in U.S. consumer confidence shows how important fiscal aid for households provided by Congress’s new $2.3 trillion spending bill is to consumers. The Conference Board Consumer Confidence Index, which is based on a survey of a random sample of U.S. households, fell short of ... READ MORE >
stimulus
Bending the curve, reopening for business and avoiding the policy errors of the 1918-19 pandemic
Deaths attributed to the Covid-19 pandemic continue to mount, and data confirms that social distancing and a rigorous system of testing and tracing are necessary to slow the spread of the disease, and are working to mitigate the health crisis. Recent modeling work suggests that the slow adoption of social ... READ MORE >
For states struggling with coronavirus, stimulus package is likely not enough
The increase in out-of-work Americans became a tsunami of household distress as municipalities and states took action to stop the spread of the coronavirus. All states – with the exception of Utah – reported significant numbers of workers filing for unemployment benefits as state and local authorities and ... READ MORE >