Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Nigeria’s central bank will likely keep its key interest rate unchanged on Tuesday after data showed the economy’s recovery remains weak. Gross domestic product in the continent’s biggest oil producer expanded 0.5% in the three months through March from a year earlier, the
Tag: recovery
Even before Covid-19, these rising stars—such as Greenville, Des Moines, Iowa, and Provo, Utah—had been quietly building out vibrant economies in the shadow of bigger metropolises. During the pandemic, they have drawn workers and businesses with large and affordable homes, ample access to outdoor space and less congestion. They also have a mix of high-tech
When it comes to free money, Americans may be getting too much of a good thing. Under President Biden’s recently enacted $1.9 trillion American Rescue Plan, workers who lost their jobs to the pandemic shutdowns and scale-backs are now earning more in unemployment benefits than they did in wages. And that is stopping people from
“It is unclear whether child-care issues will prevent women from returning to employment as the economy recovers,” wrote economist Betsey Stevenson (University of Michigan) in a July 2020 essay for The Hamilton Project. In the essay, Stevenson laid out a set of economic indicators and issues that if left unresolved, could lead to permanent labor
NEW YORK, July 5, 2022 /PRNewswire/ — Cruise tourism is a popular type of tourism that involves the exploration of new places, coupled with luxury and entertainment. Cruise lines offer various activities such as sports, shopping, water games, video games, and numerous other leisure activities. Technavio has announced its latest market research report titled Cruise
Mike Robbins serves as chair of the Anchorage Economic Revitalization and Diversification Committee. (Wesley Early/Alaska Public Media) Anchorage Mayor Dave Bronson announced a new committee Wednesday to help guide economic recovery in the city. Anchorage’s economy has been in recession since around 2016, coinciding with the drop in the price of oil. The city was just