Key Perspectives, Economic Outlook
Vaccinations finally seem to be turning the tide in the battle against the coronavirus. That has allowed parts of the economy which had not reopened to go back to work. Yet many businesses are discovering their opportunities are now limited by supply shortages and rising costs.
- Do consumers still have enough saved to fund a major spending splurge?
- Business optimism has improved, but will businesses be able to hire enough help to meet demand?
- Will stronger demand on top of limited supplies impact shortages and encourage additional price hikes?