Mar 13, 2021 - Economy & Business
7. Sluggish spending on activities is hampering the recovery
The pandemic caused a staggering split in the two slices of America's economy, in good and services.
Why it matters: The understandably sluggish rebound in spending on services has kept a lid on economic growth. America won't get back to full speed without it, given the services industry's outsized importance to the economy.