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.
The national Citizens Business Conditions Index™ posted a second consecutive quarter of gains as optimism fueled by COVID-19 vaccine announcements and increased election certainty began to outweigh concerns about spiking pandemic cases.The Index rose modestly to 61.4 in the final quarter of 2020, up from 61.2 at the end of the third quarter.
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Here is a roundup of the latest news concerning the COVID-19 pandemic in addition to announcements from local, state, and federal governments, as well as international channels. To share a business or nonprofit story, please send us a message.
Courtesy of Bridge, as of Feb. 4
Here is a roundup of the latest news concerning the COVID-19 pandemic in addition to announcements from local, state, and federal governments, as well as international channels. To share a business or nonprofit story, please send us a message.