Economics

U.S. Economy Loses Its Bounce as Recovery Turns Into a Grind

  • Growth forecasts plunge; Atlanta Fed sees 1.2% in 3rd quarter
  • From supply chains to inflation, there are plenty of culprits
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Just a few months ago, the U.S. economy looked like it was roaring back from the pandemic slump. Now the recovery is starting to look more like a grind.

The spread of the delta variant has held back millions of Americans from spending on services like restaurants and hotel rooms.