Retail Spend And Food Security Signal Economic Recovery : The Indicator from Planet Money 2020 was a horrific year for the economy. We're hoping 2021 will be better, but will it? We discuss 3 indicators that suggest this year is shaping up to be better than last year.

2021: The Year Of The Recovery?

2021: The Year Of The Recovery?

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Cindy Ord/Getty Images
(Photo by Cindy Ord/Getty Images)
Cindy Ord/Getty Images

Two months into 2021, how is the US economy doing? You might remember that at the end of last year, everything was really uncertain. The economy was in terrible shape, and economic growth was slowing down. But vaccinations for Covid had finally started, and at the end of December the government passed another aid and stimulus bill.

So with February almost over, we wanted to ask: have things started looking up? Spoiler alert, but yes! It feels like for the first time in months, there's actually a slate of positive, hopeful macroeconomic news to share!

On the Indicator, it's time for a health check on the economy. We talk about 3 indicators that have been trending in the right direction for the first two months of 2021: retail spending, the number of adults experiencing food insecurity, and the price of copper.

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