What’s The Forecast For This Summer’s Economy?

As summer approaches, is the economic outlook getting brighter? Economist Nela Richardson shares her forecast.

A lobster is served waterfront at McLoon’s Lobster Shack in Spruce Head, Maine.
Associated Press
A lobster is served waterfront at McLoon’s Lobster Shack in Spruce Head, Maine.
Associated Press

What’s The Forecast For This Summer’s Economy?

As summer approaches, is the economic outlook getting brighter? Economist Nela Richardson shares her forecast.

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Summer’s just over a week away, but with the pandemic only recently waning, many Americans are just now making their summer plans. But many others are taking a pass on summer vacation altogether, making do with less as some states begin to cancel a $300 federal unemployment bonus benefit. How will that impact the worker shortage employers have been complaining about?

Reset gets an economic outlook for this summer from ADP Chief Economist Nela Richardson.

GUEST: Nela Richardson, ADP Chief Economist