{"id":3558,"date":"2021-06-24T09:52:15","date_gmt":"2021-06-24T14:52:15","guid":{"rendered":"https:\/\/www.mhisolutionsmag.com\/?p=3558"},"modified":"2021-09-13T11:46:05","modified_gmt":"2021-09-13T16:46:05","slug":"the-end-is-nigh-approaching-economic-escape-velocity-after-covid","status":"publish","type":"post","link":"https:\/\/www.mhisolutionsmag.com\/index.php\/2021\/06\/24\/the-end-is-nigh-approaching-economic-escape-velocity-after-covid\/","title":{"rendered":"The End Is Nigh: Approaching Economic Escape Velocity After COVID"},"content":{"rendered":"\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"400\" src=\"https:\/\/www.mhisolutionsmag.com\/wp-content\/uploads\/2021\/06\/Economic_600x400p.jpg\" alt=\"\" class=\"wp-image-3559\" srcset=\"https:\/\/www.mhisolutionsmag.com\/wp-content\/uploads\/2021\/06\/Economic_600x400p.jpg 600w, https:\/\/www.mhisolutionsmag.com\/wp-content\/uploads\/2021\/06\/Economic_600x400p-300x200.jpg 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><em>By Jason Schenker<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">United States and global growth prospects have improved greatly since the start of the year. The rollout of COVID vaccinations has proven to be the logical antidote to the economic woes engendered by the pandemic. Yes, there are still some sectors that lag and some regions experiencing sluggish recoveries. But the labor market, the economy and the outlook for quarters ahead have all improved. It seems as if the escape velocity for the U.S. economy to achieve true economic recovery is quickly approaching. In fact, many sectors that were especially depressed by COVID\u2014like tourism, travel, leisure and services\u2014are experiencing resounding recovery, with a potential boom in the year ahead.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Meanwhile, sectors that barely slowed during the COVID recession\u2014like manufacturing and e-commerce\u2014still have a positive outlook. And they are poised to benefit from improved job growth and relatively low interest rates. Of course, the outlook for material handling remains strong as well. This should not be surprising, because a strong outlook is something the MHI Business Activity Index (BAI) was portending a year ago, when respondents noted record levels of confidence in future new orders. That year passed slowly at times, but here we are now. And the outlook is solid.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">While there have been great economic improvements in recent months, inflation and tax policies present risks for the second half of the year and well beyond 2021. Will they be worrisome enough to stall growth? That seems unlikely. But they could dampen some of the economic optimism and financial market upside\u2014as well as the rate of GDP growth\u2014in the quarters ahead.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><span class=\"has-inline-color has-vivid-cyan-blue-color\"><a href=\"https:\/\/www.mhisolutions-digital.com\/mhiq\/0321_volume_9__issue_3\/MobilePagedReplica.action?pm=2&amp;folio=88#pg88\">Read More\u2026<\/a><\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Jason Schenker United States and global growth prospects have improved greatly since the start of the year. The rollout of COVID vaccinations has proven to be the logical antidote to the economic woes engendered by the pandemic. Yes, there are still some sectors that lag and some regions experiencing sluggish recoveries. But the labor &#8230;<\/p>\n","protected":false},"author":46,"featured_media":3559,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[1912,1913,718,2139,2136,311,610,824,442,1902,1907,312,2058,2137,2138,1627,1911],"class_list":["post-3558","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economic-market-update","tag-digital-transformation","tag-e-commerce","tag-ecommerce","tag-economic-indicators","tag-inflation","tag-jason-schenker","tag-material-handling-industry","tag-mhem","tag-mhi-solutions","tag-mhi-solutions-magazine","tag-mhisolutionsmag","tag-prestige-economics","tag-supply-chain-data","tag-supply-chain-finances","tag-supply-chain-financial-market","tag-supply-chain-future","tag-supply-chain-outlook"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The End Is Nigh: Approaching Economic Escape Velocity After COVID - MHI Solutions<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mhisolutionsmag.com\/index.php\/2021\/06\/24\/the-end-is-nigh-approaching-economic-escape-velocity-after-covid\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The End Is Nigh: Approaching Economic Escape Velocity After COVID - MHI Solutions\" \/>\n<meta property=\"og:description\" content=\"By Jason Schenker United States and global growth prospects have improved greatly since the start of the year. The rollout of COVID vaccinations has proven to be the logical antidote to the economic woes engendered by the pandemic. Yes, there are still some sectors that lag and some regions experiencing sluggish recoveries. But the labor ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.mhisolutionsmag.com\/index.php\/2021\/06\/24\/the-end-is-nigh-approaching-economic-escape-velocity-after-covid\/\" \/>\n<meta property=\"og:site_name\" content=\"MHI Solutions\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-24T14:52:15+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-09-13T16:46:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.mhisolutionsmag.com\/wp-content\/uploads\/2021\/06\/Economic_600x400p.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Melinda Runkle\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Melinda Runkle\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.mhisolutionsmag.com\/index.php\/2021\/06\/24\/the-end-is-nigh-approaching-economic-escape-velocity-after-covid\/\",\"url\":\"https:\/\/www.mhisolutionsmag.com\/index.php\/2021\/06\/24\/the-end-is-nigh-approaching-economic-escape-velocity-after-covid\/\",\"name\":\"The End Is Nigh: Approaching Economic Escape Velocity After COVID - MHI Solutions\",\"isPartOf\":{\"@id\":\"https:\/\/www.mhisolutionsmag.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.mhisolutionsmag.com\/index.php\/2021\/06\/24\/the-end-is-nigh-approaching-economic-escape-velocity-after-covid\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.mhisolutionsmag.com\/index.php\/2021\/06\/24\/the-end-is-nigh-approaching-economic-escape-velocity-after-covid\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.mhisolutionsmag.com\/wp-content\/uploads\/2021\/06\/Economic_600x400p.jpg\",\"datePublished\":\"2021-06-24T14:52:15+00:00\",\"dateModified\":\"2021-09-13T16:46:05+00:00\",\"author\":{\"@id\":\"https:\/\/www.mhisolutionsmag.com\/#\/schema\/person\/75c7b64e8c837441fbd28bb800c1252c\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.mhisolutionsmag.com\/index.php\/2021\/06\/24\/the-end-is-nigh-approaching-economic-escape-velocity-after-covid\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.mhisolutionsmag.com\/index.php\/2021\/06\/24\/the-end-is-nigh-approaching-economic-escape-velocity-after-covid\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.mhisolutionsmag.com\/index.php\/2021\/06\/24\/the-end-is-nigh-approaching-economic-escape-velocity-after-covid\/#primaryimage\",\"url\":\"https:\/\/www.mhisolutionsmag.com\/wp-content\/uploads\/2021\/06\/Economic_600x400p.jpg\",\"contentUrl\":\"https:\/\/www.mhisolutionsmag.com\/wp-content\/uploads\/2021\/06\/Economic_600x400p.jpg\",\"width\":600,\"height\":400,\"caption\":\"Zip opening to brighter future\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.mhisolutionsmag.com\/index.php\/2021\/06\/24\/the-end-is-nigh-approaching-economic-escape-velocity-after-covid\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.mhisolutionsmag.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The End Is Nigh: Approaching Economic Escape Velocity After COVID\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.mhisolutionsmag.com\/#website\",\"url\":\"https:\/\/www.mhisolutionsmag.com\/\",\"name\":\"MHI Solutions\",\"description\":\"Improving Supply Chain Performance\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.mhisolutionsmag.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.mhisolutionsmag.com\/#\/schema\/person\/75c7b64e8c837441fbd28bb800c1252c\",\"name\":\"Melinda Runkle\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.mhisolutionsmag.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/92959c758b90d2ef7150661fcf30fefe1962b390dd4d94d9cf21ec6ca8e79af7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/92959c758b90d2ef7150661fcf30fefe1962b390dd4d94d9cf21ec6ca8e79af7?s=96&d=mm&r=g\",\"caption\":\"Melinda Runkle\"},\"url\":\"https:\/\/www.mhisolutionsmag.com\/index.php\/author\/mrunkle\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"The End Is Nigh: Approaching Economic Escape Velocity After COVID - MHI Solutions","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.mhisolutionsmag.com\/index.php\/2021\/06\/24\/the-end-is-nigh-approaching-economic-escape-velocity-after-covid\/","og_locale":"en_US","og_type":"article","og_title":"The End Is Nigh: Approaching Economic Escape Velocity After COVID - MHI Solutions","og_description":"By Jason Schenker United States and global growth prospects have improved greatly since the start of the year. The rollout of COVID vaccinations has proven to be the logical antidote to the economic woes engendered by the pandemic. Yes, there are still some sectors that lag and some regions experiencing sluggish recoveries. But the labor ...","og_url":"https:\/\/www.mhisolutionsmag.com\/index.php\/2021\/06\/24\/the-end-is-nigh-approaching-economic-escape-velocity-after-covid\/","og_site_name":"MHI Solutions","article_published_time":"2021-06-24T14:52:15+00:00","article_modified_time":"2021-09-13T16:46:05+00:00","og_image":[{"width":600,"height":400,"url":"https:\/\/www.mhisolutionsmag.com\/wp-content\/uploads\/2021\/06\/Economic_600x400p.jpg","type":"image\/jpeg"}],"author":"Melinda Runkle","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Melinda Runkle","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.mhisolutionsmag.com\/index.php\/2021\/06\/24\/the-end-is-nigh-approaching-economic-escape-velocity-after-covid\/","url":"https:\/\/www.mhisolutionsmag.com\/index.php\/2021\/06\/24\/the-end-is-nigh-approaching-economic-escape-velocity-after-covid\/","name":"The End Is Nigh: Approaching Economic Escape Velocity After COVID - MHI Solutions","isPartOf":{"@id":"https:\/\/www.mhisolutionsmag.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.mhisolutionsmag.com\/index.php\/2021\/06\/24\/the-end-is-nigh-approaching-economic-escape-velocity-after-covid\/#primaryimage"},"image":{"@id":"https:\/\/www.mhisolutionsmag.com\/index.php\/2021\/06\/24\/the-end-is-nigh-approaching-economic-escape-velocity-after-covid\/#primaryimage"},"thumbnailUrl":"https:\/\/www.mhisolutionsmag.com\/wp-content\/uploads\/2021\/06\/Economic_600x400p.jpg","datePublished":"2021-06-24T14:52:15+00:00","dateModified":"2021-09-13T16:46:05+00:00","author":{"@id":"https:\/\/www.mhisolutionsmag.com\/#\/schema\/person\/75c7b64e8c837441fbd28bb800c1252c"},"breadcrumb":{"@id":"https:\/\/www.mhisolutionsmag.com\/index.php\/2021\/06\/24\/the-end-is-nigh-approaching-economic-escape-velocity-after-covid\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.mhisolutionsmag.com\/index.php\/2021\/06\/24\/the-end-is-nigh-approaching-economic-escape-velocity-after-covid\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.mhisolutionsmag.com\/index.php\/2021\/06\/24\/the-end-is-nigh-approaching-economic-escape-velocity-after-covid\/#primaryimage","url":"https:\/\/www.mhisolutionsmag.com\/wp-content\/uploads\/2021\/06\/Economic_600x400p.jpg","contentUrl":"https:\/\/www.mhisolutionsmag.com\/wp-content\/uploads\/2021\/06\/Economic_600x400p.jpg","width":600,"height":400,"caption":"Zip opening to brighter future"},{"@type":"BreadcrumbList","@id":"https:\/\/www.mhisolutionsmag.com\/index.php\/2021\/06\/24\/the-end-is-nigh-approaching-economic-escape-velocity-after-covid\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.mhisolutionsmag.com\/"},{"@type":"ListItem","position":2,"name":"The End Is Nigh: Approaching Economic Escape Velocity After COVID"}]},{"@type":"WebSite","@id":"https:\/\/www.mhisolutionsmag.com\/#website","url":"https:\/\/www.mhisolutionsmag.com\/","name":"MHI Solutions","description":"Improving Supply Chain Performance","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.mhisolutionsmag.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.mhisolutionsmag.com\/#\/schema\/person\/75c7b64e8c837441fbd28bb800c1252c","name":"Melinda Runkle","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.mhisolutionsmag.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/92959c758b90d2ef7150661fcf30fefe1962b390dd4d94d9cf21ec6ca8e79af7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/92959c758b90d2ef7150661fcf30fefe1962b390dd4d94d9cf21ec6ca8e79af7?s=96&d=mm&r=g","caption":"Melinda Runkle"},"url":"https:\/\/www.mhisolutionsmag.com\/index.php\/author\/mrunkle\/"}]}},"_links":{"self":[{"href":"https:\/\/www.mhisolutionsmag.com\/index.php\/wp-json\/wp\/v2\/posts\/3558","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mhisolutionsmag.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mhisolutionsmag.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mhisolutionsmag.com\/index.php\/wp-json\/wp\/v2\/users\/46"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mhisolutionsmag.com\/index.php\/wp-json\/wp\/v2\/comments?post=3558"}],"version-history":[{"count":0,"href":"https:\/\/www.mhisolutionsmag.com\/index.php\/wp-json\/wp\/v2\/posts\/3558\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mhisolutionsmag.com\/index.php\/wp-json\/wp\/v2\/media\/3559"}],"wp:attachment":[{"href":"https:\/\/www.mhisolutionsmag.com\/index.php\/wp-json\/wp\/v2\/media?parent=3558"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mhisolutionsmag.com\/index.php\/wp-json\/wp\/v2\/categories?post=3558"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mhisolutionsmag.com\/index.php\/wp-json\/wp\/v2\/tags?post=3558"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}