erratic. (see link)
Once again...our current problems are rooted in COVID and Putin's War...both of those very serious problems are being worked on.
Speaking of Putin's War...just because bombs, missiles and bullets aren't flying here in the U.S., doesn't mean that we are immune to it...no one should expect prices at the gas pump...and with many other commodities...to be what they were before these current shocks to our economy...this is not to say we do nothing to reduce the pain...and we aren't...just that expectations need to be rationalized.
Link: https://www.atlantafed.org/blogs/macroblog/2021/05/06/how-has-gdpnow-performed-during-pandemic