Economics

High-Frequency Charts Show U.S. Economy Softening From Delta

  • Airlines and hotels are seeing fewer bookings as Covid spreads
  • Some employers cut job listings or delay a return to offices
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The delta variant has muted the progress of the U.S. economic recovery from the Covid-19 pandemic, with consumers putting off some leisure spending and businesses delaying a return to normal operations, according to a number of high-frequency reports that show softness in August.