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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
COVID-19 recession: One of America's deepest downturns was also its shortest after bailout-driven bouncebackThe U.S. economy bounced back in record time. AP Photo/Gerald Herbert

Thanks 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...

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