Category Archives: Economic Outlook

Economy Watch: The Cities Most Recovered from Covid

Posted on April 28, 2021 by Joel Whitaker

The economy gained 916,000 jobs in March, and the national unemployment rate is now 6%, which is 59% below the peak of 14.7% during the height of the COVID-19 pandemic. To provide more context at the city level, WalletHub today … Continue reading →

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Economy Watch: Services Sector Business Grew to Record 69.4% in Month

Posted on April 6, 2021 by Joel Whitaker

It was the 10th consecutive month that economic activity in the sector grew and was 8.4 percentage points higher than the February reading, according to the Institute for Supply Management. Supplier deliveries slowed, the report says, and prices rose 2.2 … Continue reading →

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SipSource Warns ‘Covid Hangover’ to Limit Wine, Spirits’ 2021 Recovery

Posted on March 2, 2021 by Joel Whitaker

“To nobody’s surprise,  during the 10-month period from March-December, off-premise depletions grew 13.6% while on-premise was down 55.1% and accounted for only 8.4% of total depletions for the full year 2020. If the on-premise recovery comes at the expense of … Continue reading →

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Beer Purchasers Index Flat

Posted on January 5, 2021 by Joel Whitaker

National Beer Wholesalers Association‘s Beer Purchasers’ Index (BPI) for December 2020. is at 64, just three points above December 2019, when it was at 61. The “at-risk inventory” (inventory at risk of going out of code in the next 30 days) … Continue reading →

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No Surprise: Small Business Says Economy No. 1 Issue

Posted on September 22, 2020 by Joel Whitaker

The state of the U.S. economy is having a major influence on small business owners’ attitudes towards the upcoming election, according to a new poll taken August 21-27 and released today by the U.S. Chamber of Commerce and MetLife. Over half (57%) of small business owners rank the economy as the first or second most … Continue reading →

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Globally, Employers Expect to Hire Fewer People in 3rd Quarter

Posted on June 9, 2020 by Joel Whitaker

Employers globally expect to hire a lot less people in the third quarter, reflecting the impact of the COVID-19 crisis on health, the economy and employment across the world. That’s the finding of ManpowerGroup’s Employment Outlook Survey which asked 38,000 … Continue reading →

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