Latest Articles by Chris

Returning to Normal: How Long the Economy Takes to Return to Pre-Recession Levels
When the COVID-19 pandemic began, most of the economy was brought to a near-immediate standstill or a significant slowdown. With everyone on Wall Street and Main Street asking when and how it will end, there was no doubt a recession was here before the National Bureau of Economic Research (NBER) ... Continue Reading
July 1, 2020
Typical Households Will Spend 17% Less in the COVID-19 Economy
Normally, household budgets don’t change drastically from year to year. The costs of some items may increase while others may drop, and usually the quantities purchased change slowly. Needless to say, these are not ordinary times. Amid the COVID-19 pandemic, spending in some categories, like dining out and new appliances, ... Continue Reading
June 8, 2020
Study: Where Do Taxpayers Get the Biggest Tax Refunds?
Tax refunds may be more important than ever this year for many Americans, as the incomes of millions are disrupted by the COVID-19 pandemic. Although the Internal Revenue Service (IRS) has extended the filing deadline to July 15 as one of many federal responses to the coronavirus pandemic, ultimately more ... Continue Reading
April 27, 2020