Advances in Economics, Management and Political Sciences
- The Open Access Proceedings Series for Conferences
Proceedings of the 2nd International Conference on Business and Policy Studies
Series Vol. 7 , 13 September 2023
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Access | Article
Analyzing the State of the U.S. Economy in the Post-Pandemic Era
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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
References
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).
Data Availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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- Volume Title
- Proceedings of the 2nd International Conference on Business and Policy Studies
- ISBN (Print)
- 978-1-915371-41-6
- ISBN (Online)
- 978-1-915371-42-3
- Published Date
- 13 September 2023
- Series
- Advances in Economics, Management and Political Sciences
- ISSN (Print)
- 2754-1169
- ISSN (Online)
- 2754-1177
- DOI
- 10.54254/2754-1169/7/20230211
- Copyright
- 13 September 2023
- Open Access
- This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited