The U.S. Economy – what caught my eye this week: The Fed’s Survey of Household Economics and Decision-making, U.S. jobless claims, and much more…

The Fed’s Survey of Household Economics and Decision-making (SHED): Update on the Economic Well-Being of U.S. Households: July 2020 Results

https://www.federalreserve.gov/consumerscommunities/shed.htm

In the week ending September 19, 870,000 Americans registered to claim for jobless benefits. This is still a high number and shows that the recovery will take a long time:

https://www.dol.gov/ui/data.pdf

An interesting analysis by the Congressional Budget Office: “The Effects of Pandemic-Related Legislation on Output”:

https://www.cbo.gov/publication/56537

And another interesting analysis by the Congressional Budget Office: The 2020 Long-Term Budget Outlook:

https://www.cbo.gov/publication/56516

U.S. trends in income and wealth inequality:

https://www.pewsocialtrends.org/2020/01/09/trends-in-income-and-wealth-inequality/

“From Survival to Revival: How to Help Small Businesses through the COVID-19 Crisis”, a policy proposal by the Hamilton Project:

https://www.hamiltonproject.org/papers/from_survival_to_revival_how_to_help_small_businesses_through_the_covid_19_crisis?

“The shecession (she-recession) of 2020: Causes and consequences”:

https://voxeu.org/article/shecession-she-recession-2020-causes-and-consequences?

“Trade Surplus or Deficit? Neither Matters for Manufacturing Employment Shares”:

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