Good morning. The next few months could be rough for the U.S. economy — but better times might not be far off.

 Coronavirus cases are spreading again which is leading to more lockdowns, so there may be another hardship in the American economy with less business and layoffs of jobs. Another risk is with the virus rescue programs expiring soon, it is unsure whether they will be renewed or not along with the lack of a new stimulus package. Short term, this will affect peoples lives negatively and largely, but long term there is hope. There will be a vaccine soon and household balances are more stable, which means the economy will start to bounce back with travel, eating out, shopping, and events. The virus and economy play hand in hand so based off how the virus is doing, it is easier to interpret how the economy is.

By: Tanya Czosek

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