COVID-19: US economy registers record growth in Q3; pandemic impact to last
The economy remains 3.5% below its level at the end of 2019 and incomes plunged in the third quarter. Nevertheless, with five days remaining to Election Day President Donald Trump, trailing in most national opinion polls
Reuters | April 30, 2021 | Updated 14:06 IST
The rebound in gross domestic product followed a 31.4% rate of contraction in the second quarter
The U.S. economy grew at a historic pace in the third quarter as the government injected more than $3 trillion worth of pandemic relief which fueled consumer spending, but the deep scars from the COVID-19 recession could take a year or more to heal.
Spring is in full swing in the Killeen-Fort Hood area, and with summer swiftly approaching, now is the time to celebrate. Visit the Monarch Festival to celebrate seasonal migration, the Heart of Texas RV Show to prepare for future vacations, local libraries for spring family fun, or a farmers market for seasonal products. Details for these events and more down below.
Local Events
The Temple Chamber of Commerce and City of Temple are hosting The Spirit of Santa Fe Trail from April 16- 18. Central Texas wineries and breweries will offer ticket holders either a wine tasting or a flight of beer at each location. The $20 trail ticket is valid for one offer at each participating location over the trail dates. Participating locations include 3 Texans Winery and Vineyard, Axis Winery, Dancing Bee Winery, Moose & Goose Winery, Red Caboose Winery, Bold Republic Brewing Company and Fire Base Brewing Company. Go to www.templechamber.com/spiritofsantafe.html for tickets and more information.
| Updated January 20, 2021
President Donald Trump pardoned his longtime adviser Steve Bannon late Tuesday night, freeing Bannon from a possible conviction in federal court for his role in a coordinated fleecing of the president’s most loyal supporters. Bannon faced multiple fraud counts in the Southern District of New York following an August indictment for allegedly stealing funds from a charity he controlled, which purported to raise money to help build a wall on the U.S. border with Mexico.
The news was first reported by The New York Times.
Like no president in American history, Trump has issued a wave of pardons for friends and key supporters, even when in many cases their guilt was not in doubt and when the White House can claim no broader miscarriage of justice. The law, in Trump’s presidency, simply does not apply to his allies.
If youâre looking for a distraction from worldly events, or just need something to fill your free time, there are plenty of things happening in the area this week to help you do so. Check out the Funny by Nature Comedy Tour, sign up for the 5K Virtual Run to the Polar Bear Plunge, get the kids involved with some family-friendly fun, or visit a local museum. Thereâs plenty out there and you can find information on these, and more, below.
Local Events
The Fort Hood Compost Facility, on the corner of North Clarke Road and Turkey Run Road, is hosting a Free Christmas Tree Recycling event from 9 a.m. to noon Jan. 8 for all DOD cardholders. Please remove all decorations, ornaments, and lights before dropping off the tree. For more information call 254-535-8557.