U.S. producer prices surge in March https://www

U.S. producer prices surge in March

https://www.cnbc.com/2021/04/09/us-producer-p...-2021.html



The economy is on the cusp of a major boom and economists believe it could last

The economy is just starting a boom period, where second quarter growth could top 10%, and 2021 could be the strongest year since 1984.

The second quarter is expected to be the strongest, but the boom is not expected to fizzle, and growth is expected to be stronger than during the pre-pandemic into 2022.

A period of supercharged growth is just starting, and it is showing up in surging consumer spending and in an increasing shortage of skilled workers.

With surging demand could come inflation, something the economy has avoided for more than two decades.

https://www.cnbc.com/2021/04/09/the-economy-i...-last.html