How the Economy is Really Doing, New Life for New START, and More

October 27, 2020

Some analysts have projected that the GDP growth rate for the third quarter of 2020 will be twice as high as any since World War II. But despite this phenomenal-sounding growth, America’s economic rebound has actually slowed in recent months. Jay Shambaugh explains why the flashy GDP growth number is not an accurate indication of the country’s current momentum.

Even with its expiration date fast approaching, little progress has been made between the United States and Russia in the past few months on an agreement about New START. However, Steven Pifer writes that recent developments have given New START—and arms control more broadly—new life.

Seven months into the COVID-19 pandemic, many households across the United States are running on fumes. Jenny Schuetz explains what to make of survey data about people’s ability to pay rent and emphasizes the need for real-time data on housing distress among renters.

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