COVID-19 recession: One of America's deepest downturns was also its shortest after bailout-driven bounceback
- Written by Jay L. Zagorsky, Senior Lecturer, Questrom School of Business, Boston University
The U.S. economy bounced back in record time.
AP Photo/Gerald HerbertThanks to a roaring economy, plunging joblessness and a consumer spending spree, it probably won’t come as a surprise that the COVID-19 recession is officially over.
We didn’t know this, formally, however, until July 19, 2021, when a group of America’s top...