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Citizens finds recovery continues in Q1 - Grand Rapids Business Journal

DBusiness Daily Update: Elton Park Brings Italian-style Gelateria at Corktown, Rebel Nell and Motown Museum Unveil New Jewelry Collection, and More

DBusiness Daily Update: Elton Park Brings Italian-style Gelateria to Corktown, Minor League Baseball Season at Jimmy John’s Field in Utica Opens May 28, and More Our roundup of the latest news from metro Detroit and Michigan businesses as well as announcements from government agencies, including updates about the COVID-19 pandemic. To share a business or nonprofit story, please send us a message. Courtesy of Bridge Our roundup of the latest news from metro Detroit and Michigan businesses as well as announcements from government agencies, including updates about the COVID-19 pandemic. To share a business or nonprofit story, please send us a message.

Citizens: Recovery Continues Amid Increased Vaccinations, Fiscal Package - News

(Separate multiple addresses with a comma) Your Email Address Your Message (optional) Citizens: Recovery Continues Amid Increased Vaccinations, Fiscal Package May 03, 2021, 07:46 AM Continued economic recovery from the shock of COVID-19 kept the past quarter’s national Citizens Business Conditions Index™ (CBCI) in upbeat territory, with another healthy reading of 53.3. This compares with the fourth quarter reading of 56.0. A reading above 50 is considered expansionary. Better-than-expected vaccination rates buoyed the outlook for many Americans, while a newly signed fiscal relief package provided additional stimulus checks, as well as support for the unemployed and for state governments. These developments helped to boost business activity and put the recovery on more stable footing, based on CBCI indicators. This momentum extended across both manufacturing and services sectors, though mixed signs in employment and new-business applications undersco

Citizens Business Conditions Index™ Finds Recovery Continues Amid Increased Vaccinations, Fiscal Package

Press release content from Business Wire. The AP news staff was not involved in its creation. Citizens Business Conditions Index™ Finds Recovery Continues Amid Increased Vaccinations, Fiscal Package April 30, 2021 GMT PROVIDENCE, R.I. (BUSINESS WIRE) Apr 30, 2021 Citizens announced today that continued economic recovery from the shock of COVID-19 kept the past quarter’s national Citizens Business Conditions Index™ (CBCI) in upbeat territory, with another healthy reading of 53.3. This compares with the fourth quarter reading of 56.0. A reading above 50 is considered expansionary. Better-than-expected vaccination rates buoyed the outlook for many Americans, while a newly signed fiscal relief package provided additional stimulus checks, as well as support for the unemployed and for state governments. These developments helped to boost business activity and put the recovery on more stable footing, based on CBCI indicators. This momentum extended across both manufacturing and

Report shows economic rebound continues - Grand Rapids Business Journal

Grand Rapids Business Journal News of two effective vaccines, presidential election outcome buoyed fourth-quarter optimism. The Citizens Business Conditions Index showed a second consecutive quarter of economic gains as optimism fueled by COVID-19 vaccine announcements and increased election certainty began to outweigh concerns about spiking pandemic cases. Citizens which is based in Providence, Rhode Island, and has branches in Michigan and 10 other states published its fourth-quarter Business Conditions Index on Feb. 4. The national index rose modestly to 61.4 in the final quarter of 2020, up from 61.2 at the end of the third quarter, showing a continuing rebound after the impact of the COVID-19 pandemic put downward pressure on the index earlier in 2020.

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