When the pandemic hit last year, young adults moved back in with their parents in a big way. Now the share of 18-to-29-year-olds living with parents and grandparents is back about where it was before COVID-19 arrived.
(Bloomberg Opinion) The U.S. economy is growing at a pace not seen in decades, with economic forecasters surveyed by Bloomberg expecting real gross domestic product growth of 5.7% this year and 4% in 2022.
The long era of decline has left its mark. The 10 biggest U.S. cities, while large and growing, now account for less than 7.9% of the country’s population.
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