The U.S. economic recovery showed signs of plateauing last week as the country battled rising coronavirus case counts and an increasingly fractured government response, according to data from a broad set of industry and government sources. Indexes measuring the national recovery from the New York Federal Reserve here Goldman Sachs here and Oxford Economics https://www.oxfordeconomics.com have all largely stalled. Meanwhile real-time measures of retail foot traffic www.safegraph.com/dashboard and employee work hours joinhomebase.com/data and shifts have flatlined after steady growth since April spawned optimism for a swift rebound from the recession triggered by the global pandemic. At the same time, evidence of retrenchment is spreading beyond the high-profile examples of Texas, Florida and California, major state economies where efforts to reopen commerce have been thrown into reverse by fresh restrictions to stop the spread of the COVID-19 disease. Since the beginning of the fight against the pandemic the […]