
Analyzing the State of the U.S. Economy in the Post-Pandemic Era
- 1 The Australian National University
* Author to whom correspondence should be addressed.
Abstract
With the normalization of the epidemic in the United States, the COVID-19 virus is increasingly regarded as a more contagious "big flu" with higher-fatality. The new coronavirus has mutated to make it more susceptible to multiple infections, and some patients may experience symptoms that last for months or years. Unlike previous direct economic crises, the COVID-19 epidemic has played a negative role in the transmission of economic policies in the process of economic recovery, reducing the pertinence of economic policies and the speed of full resumption of work and production. Given the accumulation of negative issues caused by economic policies in the U.S. since the epidemic, this article will discuss the current state of the U.S. industrial economy, high inflation and Fed policy, as well as the international environment and cooperation.
Keywords
industrial economy, inflation, federal reserves, international trade, economic policy
[1]. U.S. Bureau of Economic Analysis, “Value added by Industry as a Percentage of Gross Domestic Product,” https://apps.bea.gov/iTable/iTable.cfm?reqid=150&step=2&isuri=1&categories=gdpxind. (accessed May 19, 2022).
[2]. “Charts Related to the Latest ‘Consumer Price Index’ News Release | More Chart Packages.” U.S. Bureau of Labor Statistics, U.S. Bureau of Labor Statistics, www.bls.gov/charts/consumer-price-index/consumer-price-index-by-category-line-chart.htm. (accessed May 19, 2022).
[3]. Board of Governors of the Federal Reserve System (U.S.), Assets: Total Assets: Total Assets, Federal Reserve Bank; https://www.federalreserve.gov/releases/h41/. (accessed May 20, 2022).
[4]. “FAO Warns of New Global Food Security Situation Caused by Conflict in Russia and Ukraine | UN News.” United Nations, United Nations, 11 Mar. 2022, https://news.un.org/zh/story/2022/03/1100412. (accessed May 20, 2022).
Cite this article
Dai,M. (2023). Analyzing the State of the U.S. Economy in the Post-Pandemic Era. Advances in Economics, Management and Political Sciences,7,65-70.
Data availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
Disclaimer/Publisher's Note
The statements, opinions and data contained in all publications are solely those of the individual author(s) and contributor(s) and not of EWA Publishing and/or the editor(s). EWA Publishing and/or the editor(s) disclaim responsibility for any injury to people or property resulting from any ideas, methods, instructions or products referred to in the content.
About volume
Volume title: Proceedings of the 2nd International Conference on Business and Policy Studies
© 2024 by the author(s). Licensee EWA Publishing, Oxford, UK. This article is an open access article distributed under the terms and
conditions of the Creative Commons Attribution (CC BY) license. Authors who
publish this series agree to the following terms:
1. Authors retain copyright and grant the series right of first publication with the work simultaneously licensed under a Creative Commons
Attribution License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this
series.
2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the series's published
version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial
publication in this series.
3. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and
during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See
Open access policy for details).