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The Harwood Economic Review for Winter 2021 A Crisis in Science
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“Everyday prices increased just 0.9 percent in 2020. The pandemic and government restrictions are likely to distort relative prices, but overall trends are likely to remain moderate.” – Robert Hughes
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“The uneven economic recovery continues, and future expansion is likely, but restrictive government policies remain a significant threat to the outlook.” – Robert Hughes
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“AIER’s Everyday Price Index fell 0.2 percent in November, led by gas and groceries. Effects of the pandemic and government restrictions may impact relative prices in the short term.” – Robert Hughes
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“The U.S. economy expanded in November but concerns about the future linger. The potential for renewed lockdown policies to restrain future growth remains significant.” – Robert Hughes
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“AIER’s Everyday Price Index fell 0.1 percent in October as food and energy price changes largely offset each other.” – Robert Hughes
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“The U.S. economy continued to recover in October, but the pace of recovery in some areas has slowed. The potential for renewed lockdown policies remains a threat to future growth.” – Robert Hughes
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“AIER’s Leading Indicators index rose sharply in September, jumping to 67, suggesting the recovery has broadened substantially and may signal the end of the recession.” – Robert Hughes
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“AIER’s Everyday Price Index rose 0.2 percent in September on a snapback in intracity transportation. Distortions to prices and economic activity continue under lockdown policies.” – Robert Hughes
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The Harwood Economic Review for Fall of 2020. Education during a pandemic.
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AIER’s Everyday Price Index rose 0.1 percent in August as distortions to the economy from lockdowns and other restrictions impacted prices.
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The AIER Business Cycle Conditions indexes remained well below neutral in August, suggesting a rapid recovery is unlikely and that full recovery may be more drawn out, uneven, and uncertain.
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