U.S. economic recovery slows amid spread of Delta variant: economist
WASHINGTON, Aug. 31 (Xinhua) -- U.S. economic recovery from the COVID-19 pandemic is slowing due to the spread of the Delta variant and a sizable segment of unvaccinated people, Joseph Brusuelas, chief economist at accounting and consulting firm RSM US LLP, said on Tuesday.
"In the United States, infections have increased to a rate of 157,000 per day, with each loss of life and the use of medical resources and foregone activity taking their toll on economic progress," Brusuelas said in a blog post, adding that's a significant increase from 12,000 COVID-19 cases per day in June.