Economics
Charting the Global Economy: Recession Recovery Is Wildly Uneven
- Manufacturing looks solid, labor market is a major weak point
- But vaccine could help the staying power of the 2021 rebound
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The world’s economic recovery is wildly uneven -- and that again was on display this week.
U.S. data on the eve of the Thanksgiving holiday offered signs of both strain and strength, while Germany’s resilience was again on display in European PMI numbers -- even amid new lockdown measures that have knocked the economy back.