World Bank predicts Supply Chain Bottlenecks could slow US Economic Growth in 2022

World Bank predicts Supply Chain Bottlenecks could slow US Economic Growth in 2022

On Tuesday, the World Bank said in its Global Economic Prospects report that worldwide economic growth is expected to slow due to continuing COVID-19 pandemic, a reduction in government economic support, and ongoing bottlenecks in global supply chains. The central banks are now reducing their support for economic growth and are considering raising interest rates […]

Republican Led States have shown US Economic Recovery from the Covid-19 Pandemic

Republican Led States have shown US Economic Recovery from the Covid-19 Pandemic

Last week, US Labor Department published data that shows the 10 states with the lowest unemployment rates are all led by GOP governors, and the 10 states with the highest percentage of out-of-work Americans are run by Democratic governors. States with Republican governors are leading the US economic recovery from the coronavirus pandemic. Democrats run […]

Unemployment Claims dropped 3rd Time after an increase in US Hiring Rates

Unemployment Claims dropped 3rd Time after an increase in US Hiring Rates

Last week, the number of Americans filing unemployment claims fell for the 3rd time in a row. The recent coronavirus case surges attributed to the Delta variant did not slow the US hiring rate. Unemployment claims are seen as a real-time measure of how the job market is faring. The lower claims for a 3rd […]

US Economy has shown fastest growth

US Economy has shown fastest growth due to Gross Domestic Products

The US economy has shown the fastest pace and increased since the last four decades due to unprecedented levels of government stimulus and increased vaccination rates. On Monday, the Organization of Economic Cooperation and Development said that US gross domestic product would grow 6.9% in 2021. It was considered the biggest increase and the broadest […]

Private Companies in the US added more than 174K Jobs in January 2021

Private Companies in the US added more than 174K Jobs in January 2021

Most American states are still experiencing bad conditions and increasing Covid-19 cases. The pandemic critically damaged economic and social activities in the country. On Wednesday, the ADP National Employment Report released. The report said the US private employers have resumed hiring in January during signs that new COVID-19 cases are falling and state governments are […]

US Health Experts believe United States has lost fight with COVID-19

US Health Experts believe United States has lost fight with COVID-19

US President Donald Trump’s administration has lost its half-hearted struggle with COVID-19. The US federal government never took the kinds of steps other countries were prepared to take. On Tuesday, President Trump delivered his words during a press conference in the Rose Garden and said, “Things are coming back, and they’re coming back very rapidly, […]

Americans are breaking Lockdown Restrictions while deaths in US crossed 56,000

Americans are breaking Lockdown Restrictions while deaths in US crossed 56,000

A large number of Americans have been under partial or full stay-at-home orders for the last month while the coronavirus epidemic impacted the healthcare system and the US economy. Point to be noted that cell phone data has shown more Americans are on the move again as parts of the country relax social distancing measures. […]

Stephen Moore compared reopening US Economy to protesters

Stephen Moore compared reopening US Economy to protesters calling End of COVID-19 Shutdowns

A conservative economist and longtime advisor to the president, Stephen Moore has compared the reopening of the American economy to protesters calling for an end of COVID-19 shutdowns to the civil rights icon Rosa Parks. He is also a member of Donald Trump’s task force. Moore made the comparison to 3 different news outlets as […]

Stephen Moore informed President Trump the US will experience Great Depression

Stephen Moore informed President Trump the US will experience Great Depression

U.S President Donald Trump was formerly advised by an economist Stephen Moore that the United States is rushing towards a Great Depression if the economy isn’t revived by the next month. He said that real decisions want to be made because of the calamity caused by powerful safety measures including social distancing across the country […]

Trump says Americans should fight to stop coronavirus spread

Trump says Americans should fight to stop coronavirus spread

Donald Trump has predicted the US economy will pop again soon if Americans take steps to stifle the disease and win this war. His comments came midst warnings from experts about a huge loss in jobs during the Covid-19 outburst. Trump said during a White House briefing, he said, “It’s going to pop. One day, […]