One year into pandemic, sky begins to clear over U.S. economy

One year into pandemic, sky begins to clear over U.S. economy

SAN FRANCISCO/WASHINGTON – Despite the U.S. economy’s mishap with a depression last year associate degreed an current coronavirus pandemic that has brought visit a virtual halt, Jeff Hurst, the chief govt of vacation rental firm VRBO, sees a boom on the horizon.

“Every home is about to be taken this summer,” Hurst aforesaid, because the expected protection from vaccines arrives in step with hotter weather, unleashing a cooped-up population with record savings stashed away. “There’s most settled demand for it.”

That sort of optimistic sentiment has progressively taken root among executives, analysts and shoppers World Health Organization see the past year of comparative hibernation – from the government-ordered business closings last spring to continuing risk dodging by the general public – giving thanks to a cautious re-emergence and inexperienced shoots within the economy.

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