Employee sentiment rose in May: Get the latest from the ADP Research Institute’s Data Lab.

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May 20, 2024

MainStreet Macro: Staycation, road trip, or none of the above?

Memorial Day marks the unofficial start of the summer vacation season in the United States, but with consumers looking downbeat recently, the question is whether they’ll be hitting the road in force like they did last year. How people spend their time off this year–be it binge-watching Netflix from the couch or flying to Hawaii–can tell us a lot about how the economy will perform in 2024.
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January 25, 2021

MainStreet Macro: The Handshake

by Nela Richardson, Ph.D.

One of the first things to disappear during the COVID-19 pandemic was the handshake. In the midst of the contagion, the greeting was quickly replaced by the fist bump, then the elbow bump, then (my personal favorite) a quick wave behind a masked smile. Now that handshakes have all but vanished from the planet, Main Street businesses are gearing up for a new form of outreach from the Biden administration. It’s the non-physical, but just as tangible embrace of aggressive monetary policy with an ambitious Go Big or Stay Home fiscal spending package.
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January 18, 2021

MainStreet Macro: Inflation, the Remix

by Nela Richardson, Ph.D.

Last week witnessed a second Trump impeachment in three years. It’s a remarkable time in political history and there’s a lot to unpack. But this isn’t that type of blog and I’ve taken a grand total of one political science class and whatever history was required in high school.
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January 11, 2021

MainStreet Macro: What Next for 2021 Jobs Recovery

by Nela Richardson, Ph.D.

Welcome to the MainStreet Macro Blog, a weekly dispatch that will dissect and explain the macroeconomic trends that affect the business community, its workers, and the consumers it serves.
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