Jul 11 2020 by Business Insider
High-frequency economic data shows that in the last few weeks, the initially swift V-shaped recovery may be slowing down.
Last week, the June jobs report showed that the US economy added a record 4.8 million jobs, the second month of gains in the recovery from the pandemic recession.
But the report showed only the first few weeks of June and thus didn't reflect the response to new surging coronavirus cases in the US, which have peaked and forced some states to pull back or pause...
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