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Retail Recovery Veils Serious Headwinds

PYMNTS

Based on numbers from the Atlanta Federal Reserve through May 31, the graphic below shows healthy increases for several sectors, most notably motor vehicle and parts dealers, food and beverage stores and an uptick in restaurants, which had plunged in previous months. Source: PYMNTS.com and Atlanta Federal Reserve, GDP Now.

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Getting Stimulus Payments To Consumers; Lessons From Round One

PYMNTS

Congress , the Federal Reserve and the Department of the Treasury must confront the ghosts of stimulus disbursements past, where tens of millions of individuals had to wait for paper checks to be delivered by snail mail or paid cards (and at least some of the cards may have been thrown away by recipients by mistake, which led to reissuance).