16-07-2020 21:29 via uk.finance.yahoo.com

Virus surges. Work hours plateau. U.S. may be flattening the wrong curve

Indexes measuring the national recovery from the New York Federal Reserve, Goldman Sachs and Oxford Economics have all largely stalled.Meanwhile real-time measures of retail foot traffic and employee work data and shifts have flatlined after steady growth since April spawned optimism for a swift rebound from the recession triggered by the global pandemic.Atlanta Federal Reserve Bank President Raphael Bostic said on Thursday the early strength of the recovery surprised him, but "the question is a
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