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US Q4 GDP and December Durable Goods
The wave of omicron cases in the US hasn’t prompted further shutdowns. But there has been an increase in the number of workers’ absences. During the last quarter, there was extensive debate over the potential impact of the Biden Administration’s vaccine mandate. And there was no resolution until that period was over. Despite these uncertainty factors, most analysts think that the US had a good quarter, economically speaking. While the jobs market hasn’t recovered to pre-pandemic levels yet, America’s GDP completed its bounce back in the middle of last year. Europe on the other hand still hasn’t completed ... (full story)
