Economics

According to a new study, two-thirds of Canadians are “in a psychological slump” following two grueling epidemic years. According to Pollara Strategic Insights’ annual economic outlook, such negative emotions about the economy are actually better than they were in 2021. “Canadians are in a psychological slump,” Pollara president Craig Worden said Tuesday, “but we are

The US economy will have a recession, but not until 2022. More business cycles will result as a result of Federal Reserve policy, which many enterprises are unprepared for. The downturn isn’t expected until 2022, but it could happen as soon as 2023. If the Fed manages to prevent a recession in 2023, expect a

During a recession, home values tend to plummet. If you’re looking for a property, you’re likely to come across: Homeowners ready to drop their asking prices. Short sales are used by homeowners to get out from under their mortgages. In a recession, do house prices fall? Most markets, including real estate markets, experience price declines

A recession is a natural element of the business cycle that occurs when the economy declines for two consecutive quarters. A depression, on the other hand, is a prolonged decline in economic activity that lasts years rather than months. This makes recessions far more common: in the United States, there have been 33 recessions and

The COVID-19 pandemic and its economic consequences were devastating. Tens of millions of individuals lost their employment in the early months of the crisis. While employment began to improve after a few months, unemployment remained high in 2020. What are some of COVID-19’s probable long-term consequences? The National Institutes of Health will fund a four-year