The U.S. unemployment rate falls to 8.4 percent:
https://www.bls.gov/news.release/empsit.nr0.htm
The Congressional Budget Office currently expects a deficit of 16 percent of GDP this year:
https://www.cbo.gov/publication/56517
US-China phase one tracker: China’s purchases of U.S. goods. What is the future of this trade deal?:
https://www.piie.com/research/piie-charts/us-china-phase-one-tracker-chinas-purchases-us-goods
According to the so-called “Beige Book” of the Fed, economic activity in the United States is recovering, but remains well below pre-pandemic levels:
https://www.federalreserve.gov/monetarypolicy/beige-book-default.htm
How did U.S. households use the stimulus payments?
Consumer Sentiment slightly increased in August according to the survey of consumers done at the University of Michigan:
Some days earlier in August, consumer confidence measured by The Conference Board decreased:
https://conference-board.org/data/consumerconfidence.cfm
“Unpredictable work hours and volatile incomes are long-term risks for American workers”. Interesting!
Speech by Fed Vice Chair Richard H. Clarida on “The Federal Reserve’s New Monetary Policy Framework: A Robust Evolution”
Here is the text:
https://www.federalreserve.gov/newsevents/speech/clarida20200831a.htm
And here is the video:
https://www.piie.com/events/fed-vice-chair-richard-h-clarida-us-monetary-policy
Or contact me at: info@eagle-economist.com
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