U.S. Macro Outlook Q3 2021

by Matt Mullen | Nov 17, 2021
The Q3 2021 slowdown is not emblematic of where the U.S. economy is going. Activity decelerated in late July through September, as a rapidly spreading Delta
variant discouraged many consumers from entering restaurants and boarding airplanes. But public health has improved demand for consumer services and other
leading indicators began to rally by late September. Indeed, the pick-up in employment during October was a key signal that improvement is underway. As
COVID-19 cases ebb-and-flow this oscillation is poised to continue.

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