Economics
Charting the Global Economy: Surge in Savings to Power Recovery
This article is for subscribers only.
Consumers around the world are flush with cash after an all-out effort by governments to ease pandemic-related financial burdens, setting the stage for a robust economic recovery.
In the U.S., data this week showed firmer-than-expected job growth and robust manufacturing, as well as added price pressures that are also evident in other nations.