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February 18, 2021 2:54 PM Lisa Rowan - Forbes Advisor
Posted:
Updated:
February 20, 2021 7:36 AM
With stimulus checks in their pockets, Americans felt confident to shop and spend last month beyond what economists had projected. But how long will that confidence last?
Fifty-five percent of Americans believe the economy will recover quickly once pandemic restrictions are lifted, according to the Forbes Advisor-Ipsos Consumer Confidence Weekly Tracker. While that’s just a slight increase over last week’s survey, that optimism has come a long way since the early pandemic days of April 2020, when less than half of respondents felt confident about the recovery timeline. The survey, conducted by Ipsos, measures consumer sentiment over time.
HOUSTON The Astros reached a contract agreement with star shortstop Carlos Correa on Saturday to avoid arbitration. Correa will earn $11.7 million in 2021 in his final year before he becomes a free agent, a source told MLB.com.
“I’m happy that we were able to come to an agreement