New Data Shows U.S. Economy Slowly Recovering From COVID-19

Between job losses and small-business closures, we’ve got a long way to go in 2021 to get America moving again.

By Nereida Moreno, Daniel Tucker
The U.S. economy slowed sharply in the last three months of the year from the previous quarter as the pandemic made a resurgence and businesses had to close.
The U.S. economy slowed sharply in the last three months of the year from the previous quarter as the pandemic made a resurgence and businesses had to close.
The U.S. economy slowed sharply in the last three months of the year from the previous quarter as the pandemic made a resurgence and businesses had to close.
The U.S. economy slowed sharply in the last three months of the year from the previous quarter as the pandemic made a resurgence and businesses had to close.

New Data Shows U.S. Economy Slowly Recovering From COVID-19

Between job losses and small-business closures, we’ve got a long way to go in 2021 to get America moving again.

By Nereida Moreno, Daniel Tucker

New data out Thursday shows the U.S. economy shrank by 3.5 percent last year — the largest annual decline since 1946. Reset checks in with economist Daryl Fairweather for more on the COVID-19 recession.

GUEST: Daryl Fairweather, chief economist at Redfin