Description: The U.S. economy has roared back to life in 2021, with first-quarter growth set to defy even the rosiest expectations as another fresh influx of cash looms. Manufacturing data Monday showed the sector at its highest growth level since August 2018. That report from the Institute for Supply Management in turn helped confirm the notion among economists that output to start the year is far better than the low single-digit growth many had been predicting in late 2020
Source: CNBC.com – video report
Date: Mar 02, 2021
Questions for discussion:
- What does the report say about the economy at this time and the reasons?
- What do you think this means for employment and the stock market?