Research Briefing | Jun 11, 2021

US | Recovery Tracker ends May firing on all cylinders

Research Briefing - US Recovery Tracker ends May firing on all cylinders

Our US Recovery Tracker finished May on a high note, rising 1.5ppts to 94.6 in the week ended May 28. A Memorial Day boost to demand, looser financial conditions, better health conditions, more robust production, and stronger employment lifted the tracker to a new recovery peak.

What you will learn:

  • Five of the tracker’s six dimensions rose in the final week of May.
  • Regional recoveries maintained an encouraging trajectory through the final week of May, according to our State Recovery Trackers (SRTs).
  • All regions except the East registered higher SRT readings, with the Southwest and Mountains recording the strongest advance.
Tags: Economic recoveryRecovery TrackerUnited StatesUS economy
Back to Resource Hub

Related Services

Takaichi’s big win doesn’t affect the fiscal outlook for Japan

Takaichi’s big win doesn’t affect the fiscal outlook for Japan

The ruling Liberal Democratic Party's (LDP) landslide election victory on Sunday doesn't change our expectation of a primary fiscal deficit of 2%-3% of GDP in FY2026-FY2028 – we still see the deficit only starting to decline from FY2029. We also keep our view that the 10-year Japanese government bond (JGB) yield will be at 2.3% at end-2026 and 2.5% at end-2027 and beyond.
US and Chinese strength won’t boost all other economies

US and Chinese strength won’t boost all other economies

Upward revisions to US and Chinese GDP growth in Q4 meant that the previously anticipated soft end to 2025 failed to materialise.