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KPMG reviews the path for the economy from the impact of COVID-19.
KPMG’s Office of the Chief Economist is continuously monitoring key developments in this unprecedented situation and refinements to the economic model occur daily. Check back often for updated research and reports.
The unemployment rate dropped below 10% in August for the first time since March as the economy added nearly 1.4 million jobs . KPMG Chief Economist Constance Hunter provides her analysis about what this report tells us about the state of the labor market.
U.S. retail sales rose 7.5% m/m in June, beating market expectations for 5% growth. KPMG Senior Economist Ken Kim offers insights about the data.
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