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Illustration: Eniola Odetunde/Axios

Vaccine makers have drastically increased their manufacturing capacity, and output of the three vaccines authorized in the U.S. is expected to in March be nearly triple the amount produced in February, the Wall Street Journal reports.

Why it matters: The faster shots are made, the faster they can be put in arms, and the sooner life can begin to approach normal.

Details: Pfizer, its partner BioNTech, and Moderna have figured out ways to speed up the process, including scaling up production lines and making certain raw materials themselves.

  • The federal government has used the Defense Production Act to help manufacturers access supplies.
  • New partnerships with other drug companies — like Johnson & Johnson's with Merck — will also increase total vaccine output.

By the numbers: The monthly output of the Pfizer, Moderna and J&J vaccines is expected to rise from 48 million doses in February to 132 million doses in March, according to estimates by analysts at Evercore ISI.

  • Around 2.5 million Americans are being vaccinated a day, on average.
  • The expected increase in supply should allow 76 million Americans to be fully vaccinated in March, another 75 million to be vaccinated in April and then 89 million in May, according to Evercore estimates.
  • The Pfizer and Moderna vaccines require two doses.

Go deeper

Updated 1 hour ago - Sports

Experts predict major boom for North American sports stadiums

Rendering of the $375 million Moody Center on the UT-Austin campus. Photo courtesy of Moody Center

Stadium and arena construction in North America will total a relatively tame $5.8 billion this year, a 12% decrease from 2021.

The big picture: What the industry lacks in construction it expects to make up for in design, with experts predicting a sports venue boom over the next half-decade, SBJ reports.

Updated 1 hour ago - World

UK government: Kremlin has plan "to install pro-Russian leadership" in Ukraine

British Foreign Secretary Elizabeth Truss. Photo: Gints Ivuskans / AFP via Getty Images

The United Kingdom's Foreign Secretary on Saturday night said the government has "information that indicates the Russian Government is looking to install a pro-Russian leader in Kyiv as it considers whether to invade and occupy Ukraine."

The latest: “I can’t comment on specific pieces of intelligence. But we’ve been warning about just this kind of tactic for weeks and we’ve spoken to that publicly," Secretary of State Antony Blinken said Sunday. The Biden administration has said Russia is actively manufacturing a pretext for invasion and warned that Putin could use joint military exercises in Belarus as cover to invade from the north.

Updated 2 hours ago - Economy & Business

Student debt getting in the way of millennial homeownership

Illustration: Aïda Amer/Axios

Millennial homeownership is on the rise — but student loan debt is still keeping millions of members of America's largest generation from owning a home.

Why it matters: Buying a house remains the No. 1 way to build wealth in the U.S.