Financial woes grow worse during pandemic for American families

The economic challenges caused by the coronavirus pandemic have grown worse since the spring for many American families, with an increasing number reporting that they have trouble paying bills, according to a new RAND Corporation ...

New economic tracker finds flaws in U.S. recovery plan

Results from a new economic tracker that looks at real-time statistics on consumer spending, jobs, and business revenue suggest that the government's traditional recovery strategies to reverse the downturn triggered by the ...

Can government stimulus programs boost consumer spending?

The world has been experiencing an unprecedented economic downturn due to the COVID-19 pandemic. A significant number of economic activities have shut down, causing contractions in global output, as well as the loss of businesses ...

A tool to provide policymakers with real-time economic data

An interactive tool that uses real-time data to measure the depth of the economic downturn and give evidence of any recovery was launched today by Opportunity Insights, a Harvard-based institute of social scientists and policy ...

Opinion: More aid to consumers urgently needed

A significant pillar that has prevented more drastic declines in consumer sentiment has been the widespread belief that the coronavirus crisis will be temporary. Consumers provided dismal assessments of current economic conditions ...

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