A wheel in the ditch and a wheel on the track - Highlights - The Economist - World in Figures
A wheel in the ditch and a wheel on the track
That, in turn, should help alleviate some of the pressure on supply chains as consumers shift from buying things to buying experiences. It could also, just as importantly, alleviate some of the pressure on inflation, which has been driven by surging prices for physical goods. Moreover, there is still plenty of scope for the economy to catch up to, or at least close the distance with, its pre-pandemic expectations. Growth in America may be weaker than just a few months ago, but the economy is still healing.