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The impact of COVID-19 on employment varied widely across industries. For example, a study found that transportation workers were 20.6% more likely to be unemployed compared to those in other sectors, with specific sub-sectors like taxi drivers facing particularly severe job losses. [28]
America widened the gap between peer economies again in 2024 by growing its GDP by $1.4 trillion. That's 50% and 126% more than China's and the eurozone's GDP growth last year, respectively.
Bank of America expects home prices will climb by 4.5% this year and then by another 5% in 2025 before eventually dipping by 0.5% in 2026. ‘Lock-in effect’ could persist for eight years
The Dow Jones Industrial Average dropped 748 points, or 1.7%, and the Nasdaq composite tumbled 2.2%. The preliminary report from S&P Global said activity unexpectedly shrank for U.S. services ...
The latest Bank of America survey suggests risk appetite among big investors has reached a 15-year high, with cash levels plunging to the lowest level since 2010.
The strength of the U.S. economic recovery post-COVID and a quest for safe-haven investments helped boost U.S. dominance of global financial flows, while manufacturing incentives led to a surge in ...
'This will blow up the market': The 6% commission on buying, selling a home in America is dead as NAR reaches deal — 1 analyst says over 50% of country's 1.6M agents could be out of business.
The United States Census Bureau currently conducts a comprehensive Economic Census [1] every five years. The results of this survey are tabulated according to the NAICS and provide statistics about the U.S. economy.