The US economy’s record pandemic plunge was followed swiftly by a record upswing. But what does it all mean?
Articles on US economy
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Congress is spending trillions of dollars trying to rescue the US economy and support workers and businesses. Can America afford it? ‘No sweat,’ according to modern monetary theory.
By making skilled workers the target of his latest anti-immigration policy, U.S. president Trump signals that he is willing to play to his far right base even if it undermines America’s economic interests.
Bankruptcy is meant to offer breathing space to struggling companies, but it may not be enough given the unpredictable nature of the pandemic.
For economically strapped Americans, the financial fallout from the epidemic may be permanently embedded in their digital profiles, making it harder for them to regain their economic footing.
After the pandemic is over, grocery workers and nurses will still be essential. But will they be paid any better?
If fewer students from other countries enroll in US colleges and universities this fall due to COVID-19, the effects would be felt well beyond the campus, an expert warns.
Black Americans were left especially vulnerable to the economic impact of COVID-19 and history shows it will take them longer to rebound.
Reopening state economies too soon risks a second wave of the pandemic, and a surge in medical costs. Anyone who pays insurance premiums and taxes will be picking up the tab.
How and when the US economy reopens will look different state to state, and for good reasons. This Q&A explains why, and why some states are working together.
Donald Trump’s job approval ratings may be holding, but consumer confidence matters for his re-election prospects.
The Small Business Administration is the agency tasked with distributing hundreds of billions of dollars to keep millions of companies alive.
COVID-19 has a long incubation time, and testing can take days to get results. Don’t let continually rising case numbers make you give up on staying at home.
Some economists are predicting joblessness to surpass the record level experienced at the height of the Great Depression as 22 million people file for unemployment benefits.
‘Helicopter money’ payments would benefit everyone.
Like Congress with its $2 trillion bailout, the Fed is engaged in an unprecedented effort to save the US economy and financial system from collapse.
Countries have tried a variety of approaches to contain the spread of COVID-19 – except a coordinated one.
Today’s coronavirus pandemic has echoes in the yellow fever pandemic of the 1790s. Then, as now, workers struggled with how to support themselves and their families. One federal agency had the answer.
The Trump administration is asking for US$850 billion in stimulus spending. Given the debt’s already at record levels, can the US afford it?
An economist specializing in inequality explains how a basic income guarantee is just what low-wage workers and the economy need.
Top contributors
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Associate Professor of Business, Boston University
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Part-Time Professor of Economics, The New School
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Associate Professor of Finance, Mississippi State University
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Election Analyst (Psephologist) at The Conversation; and Honorary Associate, School of Mathematics and Statistics, The University of Melbourne
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Scientia Professor of Economics, UNSW
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Professor of International Relations, Australian National University
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Professor of Economics, University of Nebraska Omaha
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Associate Professor of Political Science, Georgia State University
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Professor, Department of Government, University of Essex
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Visiting Faculty in Economics, Emory University
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Assistant Professor of Economics, University of California, Merced
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Associate Professor of Economics, University of South Carolina
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Associate Professor of Economics, Pace University
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Assistant Professor, Miller Center, University of Virginia, and US Studies Centre, University of Sydney
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Professor of Finance and Distinguished Professor of Applied Investments, Appalachian State University