Latest from Andrew Van Dam

Economy grew by 1.6 percent in first quarter, showing signs of boom to come

The U.S. recovery likely found its rhythm in the first three months of 2021, according to early forecasts of data to be released by the Bureau of Economic Analysis this morning. It appears likely all Covid-19-era losses will be recovered by the middle of this year.
  • Apr 29, 2021

Biden’s economy shows strength, but recovery is far from complete

The American Rescue Plan stimulus package and broad economic optimism have helped businesses and consumers, but many Americans are still jobless.
  • Apr 26, 2021

As Uber avoided paying into unemployment, the federal government helped thousands of its drivers weather the pandemic

The loans came as Uber and gig economy companies added billions to their stock values after defeating an effort to make drivers employees.
  • Mar 16, 2021

What used cars tell us about the risk of too much inflation hitting the economy

Nationwide, used car prices soared 17 percent nationally in seven months last year — the most of any product.
  • Mar 13, 2021

Biden stimulus showers money on Americans, sharply cutting poverty and favoring individuals over businesses

The $1.9 trillion package enjoys wide support across the country, polls show, but it comes with political and economic risks.
  • Mar 6, 2021

Fewer Americans are earning less than $15 an hour, but Black and Hispanic women make up a bigger share of them

Before the novel coronavirus sent millions of low earners into unemployment, more than one in four workers earned less than $15 an hour.
  • Mar 3, 2021

We’ve been cooped up with our families for almost a year. This is the result.

When the pandemic forced us into our homes to spend extended periods in contact only with a small circle of family members, it was one of the fastest, largest shifts of human behavior in memory. We're just starting to understand the fallout.
  • Feb 16, 2021

U.S. unemployment rate to remain above pre-pandemic level through decade, CBO says

America's labor market is years away from healing, the nonpartisan Congressional Budget Office said Monday.
  • Feb 1, 2021

2020 was the worst year for economic growth since World War II

New federal data offers comprehensive snapshot of a year marred by staggering job losses, waves of small-business closures and mounting inequality.
  • Jan 28, 2021

McDonald’s, Subway and other franchises got $15.6 billion in small-business funds

In total, SBA identified 75,746 franchise businesses that received loans under the small-business pandemic loan program.
  • Jan 28, 2021