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Economy, Strategy & Finance Data Reactions
2020
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What The Post-Pandemic Economy Will Look Like
August 24 | Gad Levanon, PhD, Former Vice President, Labor Markets, The Conference Board | Comments (0)The Covid-19 pandemic is leading to what may end up being the deepest economic recession since the Great Depression. But eventually, a vaccine will be found, and the fear of the virus will dissipate. How different will the US economy look, say five years from now?
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In Today’s Deep Recession, Consumer Spending On Goods Is Above Pre-Pandemic Levels. Why?
August 24 | Gad Levanon, PhD, Former Vice President, Labor Markets, The Conference Board | Comments (0)One of the categories that experiences the largest decline in a typical recession is consumer spending on goods. The US is now enduring the worst recession in 80 years: Employment in July was about 13 million below February’s number while GDP dropped by 11 percent in the first half of 2020. Yet in June, consumer spending on goods was 5 percent above pre-Covid-19 levels. Why?
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Weeks Where Decades Happen: Senior Innovation Leaders Share Their Wisdom
August 20 | John Metselaar, Economy, Strategy & Finance Center Leader, Europe, The Conference Board | Rita Shor, Co-leader of the Innovation and Digital Transformation Institute, Program Director for the Product & Service Development Council, and Co- Program Director for the Innovation Leadership Council | Comments (0)Our current health and economic crises only accelerate the vital need for more innovation and faster digital transformation. Senior innovation leaders on the Advisory Board of The Conference Board Innovation & Digital Transformation Institute explore this means in terms of challenges and opportunities across multiple levels.
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European Levels of Productivity Likely to Recover in 2020
August 17 | Klaas de Vries, Former Senior Economist, The Conference Board | Comments (0)In an interview with prepaid-card solution Soldo, Klass de Vries explains the prospects for European productivity levels in the wake of this spring's lockdowns. Discover why he believes recovery is likely as businesses everywhere adjust to COVID-19 safeguards.
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The economy is struggling to keep up with the rise in coronavirus cases
July 27 | Agron Nicaj, Associate Economist, The Conference Board | Gad Levanon, PhD, Former Vice President, Labor Markets, The Conference Board | Comments (0)After weeks of growth following the phased opening of businesses, the US economy is showing signs of slowing down. Many states are experiencing an increase in the number of COVID-19 cases and some have recently reimplemented restrictions, that had been lifted in May-June.
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What types of jobs will experience a large permanent increase in remote working?
July 13 | Gad Levanon, PhD, Former Vice President, Labor Markets, The Conference Board | Comments (0)There is a growing consensus that the share of remote workers will remain well above pre-pandemic rates. But in what types of jobs is this most likely to happen? We project a large increase in remote-working rates for clerical and administrative office jobs, a labor market segment which had relatively low remote-work rates in the pre-pandemic era.