Pandemic Economic Weirdness Captured in One Chart
June 17, 2021 at 12:11 PM EDT
Capturing the pandemic’s weird real-world effects is reflected in how high above trend retail sales are, at 12.9%, versus how far below trend employment is, at -6.7% Wouldn’t it be great to “return to normal” now that Covid appears to be receding in the U.S.? To get back to the pre-pandemic way of...