It appears from a few economists and news outlets that the economy is moving into a homeostasis. Read this article and think about the mixed data but also the trends of normalization. Finding a new normal in economic development means we can better manage that economy. Adding new benchmarks and increased big data metrics also leads to stronger economic development through understanding and fine tuning long tail choices that can lead to higher stable economic performance (Geopolitical issues fall into a different basket and predictive method.)
11 charts that show how covid changed the U.S. economy
The articles below discuss change in the economy as changing of patterns as seen from the many micro transactions and choices that make up an economy and a people. When market disruptions occur at a time there are digital growth and other changes there is an adaptation that occurs.
Economy Evolutionary Change Post Covid
If those adaptations, as based in internal and external pressures, can be modeled we might have found the beginning of the homeostasis of a higher socio and economic platform.
GDP Contracts 1st Q of 2020-Is It a Short Lived Shock and Digital GDP Recovery?
*This is just theory development. When a model can predict economic activities, even imperfectly, it is sometimes worth more then those that can discuss only in hindsight. Only time and additional research can determine causality of X and Y. However, one might say strategically it would make sense these adaptations would occur based on the conditions in which they occurred.
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