The economy is still running about 6% below its pre-pandemic level
A big rebound is expected in the third quarter
Relative to the size of the economy, the deficit amounts to 15% of gross domestic product
Getting marginalized groups better integrated in the workforce can help the government avoid raising tax rates
According to Morneau Sheppell, 13% of employers have already committed to freezing salaries next year
Targeted lockdowns are still more likely than a repeat of widespread shutdowns in the spring
The typical white family had eight times the wealth of Black families and five times the wealth of Hispanic families, a Fed report said
Government revenues were down 34.1% from the same period last year
More buyers are now looking at homes in the suburbs, according to a BMO survey
Certain sectors will continue to struggle due to pandemic-related uncertainty, says a report