COVID Promise

🎆 First work day of 2021! Let's make this the year of recovery and economic prosperity. Here are 6 New Year’s Resolutions For Entrepreneurs And Small Businesses At The End Of A Very Tough Year. http://ow.ly/XMqV50CZngr

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🆘More help on the way to support our economy. Congress passed a $900 billion Covid-19 aid bill that includes assistance for households and businesses. It includes:
💵Households would receive $600 for each adult and $600 for each dependent.
💵Workers would be eligible for a $300-a-week federal unemployment subsidy.
💵$25 billion of assistance to tenants in arrears on their rent.
💵$10 billion in grants for child-care providers and $250 million for the Head Start program.
💵$325 billion allotted to help small businesses.
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⬆️ The Council of Economic Advisors posts November job & recovery numbers. Stay strong!
http://ow.ly/WHeu50CDGc0 -- unemployment rate
http://ow.ly/N03850CDGc4 -- low-wage job recovery
http://ow.ly/1Vaw50CDGbY -- jobs gains for minorities
http://ow.ly/iGSD50CDGc3 -- recovering faster than predicted

Despite COVID, our economy is still strong. 💪

💰The stock market hit a record, exceeding 30,000.
💰Manufacturers’ new orders for durable goods rose 1.3% in October, above market expectations.
💰Nominal shipments of core capital goods rose 2.3% in October, above expectations.
💰Equipment investment appears on track to grow about 20% at an annual rate in Q4.

🦃 Things COVID-19 has made us -at COVID Promise- thankful for.... please add to the list in the "Comments." Happy Thanksgiving!
🙏 closer to family
🙏 less travel
🙏 no traffic
🙏 cleaner air
🙏 time to focus on "self"
🙏 our homes
🙏 our pets
🙏 teachers
🙏 local community

Spread the Promise, not the Virus. -19

An interesting article on Inflation, Innovation, And Economic Recovery After COVID-19. http://ow.ly/IiPC50CtsqU

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Bureau of Economic Analysis just reported a GDP increased at an annual rate of 33.1 percent in the third quarter of 2020, the largest single quarter of economic growth on record as the economy bounces back! http://ow.ly/hF6M50C6fS2

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✈️ Airline travel is picking back up! Last weekend, airport screenings rose above 1 million for the first time since mid-March. Airlines hope to get back to cash flow positive in 2021. Get back out there and go visit someone you love.
http://ow.ly/pXDk50C1JgD

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📊 Mario Gabelli sees ‘extraordinarily good’ U.S. economic growth in 2021! COVID may have slowed us down, but it will not stop us! https://www.cnbc.com/2020/10/20/mario-gabelli-sees-extraordinarily-good-us-economic-growth-in-2021.html

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💡The American Spirit is full of light! 123 years ago today, Thomas Edison applied for his patent on the light bulb. He went on to say, "Be courageous. I have seen many depressions in business. Always America has emerged from these stronger and more prosperous. Be brave as your fathers before you. Have faith! Go forward!"

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Great inventions will result from the COVID-19 turn down from entrepreneurship and innovation. Make your predictions now!

http://ow.ly/3iBf50BXNp7

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🙏 The best way to help us all recover from COVID-19 is to start by taking care of yourself! World Mental Health Day is on 10 October, raising awareness of mental health issues around the world and mobilizing efforts in support of mental health.

💁http://ow.ly/37IZ50BLbwD
🏝️http://ow.ly/Gi5t50BLbwG
🌎http://ow.ly/EHOt50BLbwJ
🆘http://ow.ly/DagG50BLbyA

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🏗️ September Employment Situation Report!

💲September jobs gains confirm this labor market recovery is among the strongest and fastest in history.

📈The unemployment rate continued to fall in September, decreasing 0.5 percentage point (p.p.) to 7.9%.

👨‍🔧️EVERY private sector industry reported gains in employment in September with the largest gains in leisure and hospitality (+318,000), retail trade (+142,000), professional and business services (+89,000), transportation and warehousing (+74,000), and manufacturing (+66,000). The construction industry also added 26,000 jobs.

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💸$2.2 trillion HEROES Act would provide second round of stimulus checks. Here are 8 things to know... http://ow.ly/bcXV50BHNrS

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As America continues to recover from the economic impact of the Coronavirus pandemic, September 20-26, 2020 has been declared National Small Business Week. SBA is hosting a National Small Business Week Virtual Conference that offers free educational webinars, free business advice, and an opportunity to network with fellow business owners. Individuals interested in the conference can register here. ➡️ http://ow.ly/TNUc50BydbQ

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🤗 The COVID Silver Lining: Two-thirds of Americans Believe They Have Become a Better Person This Year. Spending quality time in person with family or friends was the top rated thing people no longer take for granted. Little things, like getting coffee and date night also topped the list. Make sure you support your local small restaurants and coffee shops!

How has COVID changed you for the better? https://www.goodnewsnetwork.org/2-3-of-americans-say-lock-down-has-made-better-people/

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📊 What’s really going on with the economy? Things are looking better than was feared. http://ow.ly/EPdL50BogFy

🖖Remember our video on U, L and V shaped recovery? With the stock market at a high and unemployment falling, are we seeing the "V"?

✨The U.S. economy added 1.4 million jobs in August
✨The unemployment rate plummeted 1.8 percentage points to 8.4 percent
✨The unemployment rate for African Americans decreased by 1.6 p.p.
✨The unemployment rate for Hispanics dropped by 2.4 p.p.
✨The unemployment for Asian Americans dropped by 1.3 p.p.
✨The unemployment for those with less than a high school diploma dropped by 2.8 p.p.
✨The unemployment rate for adult women (age 20+) also fell by 2.1 p.p

For more in the types of recovery, click here: http://ow.ly/Os1d50BinaI

💥💥💥Stocks book fresh round of records, Dow ends just shy of all-time high and S&P sets record, on hopes of COVID treatments, cures! We will not let the virus win. The American economy will come roaring back.

💰 While the economy is recovering for many of us, some are still struggling due to the effects of COVID-19. If you are waiting for some help, read this article for an update on the next government stimulus package: http://ow.ly/edO350Bb36c

Also, see this stimulus check calculator to see how much assistance you may qualify for: http://ow.ly/5Pr250Bb36a

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✈️ As the economy picks back up, airlines start to resume more flights—a good sign as trade and travel are critical components of the U.S. and global economy. Read more about Delta's plans here: http://ow.ly/Z6p250B6kzL

😷 Good news: The economy usually recovers quickly once pandemics end. Since the Black Death of the mid-14th century, no major pandemic appears to have had a long-lasting, negative economic impact. Make your to help the economy recover. http://ow.ly/gBMz50B0Nqj

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🍿 AMC Theatres is reopening its theaters next week with 15-cent tickets. Let's support our local theaters and safely get back to watching our favorite new movies. http://ow.ly/u1E350AYPbw

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💲 Stocks may anticipate economic surge as S&P nears record high and Goldman Sachs raises its 2021 U.S. GDP projections to 6.2% from 5.6%.

http://ow.ly/rM0W50AWVBa

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J-O-B-S! Today, jobs numbers exceeded expectations for the third month in a row. 1.8 million jobs were added to the U.S. economy in July - beating expectations by nearly 300,000 jobs - and unemployment dropped to 10.2%. It has now taken just three months to add 9.3 million jobs during the COVID-19 economic recovery, an encouraging sign for the great American comeback. Hiring back workers was a may by many employers.

http://ow.ly/LcHL50ATIb2

🎨 How have you used or developed a special talent during COVID? Thomas Croft launched to paint a free oil portrait of an NHS workers to the first who messaged him via Instagram. He has since enlisted 500 other artists for the initiative to pair them with a healthcare worker working on the frontline to paint or sketch for free. When the pandemic is over, he hopes to hold an exhibition of the powerful portraits.

http://ow.ly/ExMK50ASwrL

❤️One of the good things as the result of COVID-19. Coronavirus reunites long-lost sisters who haven't seen each other in over 50 years http://ow.ly/KHGL50AOyj9

# optimism

⛱️ Miss that vacation due to COVID? When our borders reopen, here are some places offering great travel and tourism deals!

http://ow.ly/IgFa50AHZBH

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📰 THIS JUST IN. Larry Kudlow, Director of the United States National Economic Council, predicts 20% US second-half growth, and a V-shaped recovery. For more on the "U, V, and L" shaped recoveries see the interview with COVID Promise economic advisor, Dr. Jeremy Petranka: http://ow.ly/1t6G50AIAcG

More on Larry Kudlow's prediction: http://ow.ly/sQZ250AIAcI

😊 Need some good news about covid-19? Here are six reasons for optimism. http://ow.ly/XqmU50AHZjM

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🦸Kristine Chan, Anjanette Rosario, Shiney Paul, Lauren Ann Henry and Timothy Verhey are this week's COVID Promise Heros! The nurses from North Shore University Hospital and Long Island Jewish Medical Center are in Houston, volunteering to help the city battle a COVID-19 uptick. They say it takes a village, and this is their way of giving back and paying it forward. Thank you!

http://ow.ly/nzGK50ADt7K

😷 COVID is changing the economy and the workforce. Are you prepared for the future economy?

➡️ The America Workforce Policy Advisory Board launched the groundbreaking new ad campaign, "Find Something New."

➡️ This campaign and website will support individuals entering the workforce for the first time and those who need to pivot and retrain due to the COVID-19 pandemic.

http://ow.ly/mIty50Az0pj

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🏠 Housing Market Confidence Continues to Bounce Back. Significantly more positive view of homebuying and home selling conditions than in recent months.

➡️Home Price Expectations: The percentage of respondents who say home prices will go up in the next 12 months increased this month from 26% to 34%.

➡️Good/Bad Time to Buy: The percentage of respondents who say it is a good time to buy a home increased from 52% to 61%.

➡️Good/Bad Time to Sell: The percentage of respondents who say it is a good time to sell a home increased from 32% to 41%.

➡️Mortgage Rate Expectations: The percentage of respondents who say mortgage rates will go down in the next 12 months decreased this month from 25% to 17%.

➡️The percentage of respondents who say their household income is significantly higher than it was 12 months ago increased from 18% to 25%.

http://ow.ly/6XYa50AvTd5

🎆 June was looking pretty good as the U.S. economy began to reopen. Let's make July even stronger. Happy Fourth and be safe & healthy!

➡️ 4.8 million jobs were added in June, bringing the economic comeback to 7.5 million jobs added over the past two months - the two largest monthly jobs gains in history.
➡️Eighty percent of small businesses are now open.
➡️New business applications have doubled since late March.
➡️Consumer confidence has risen 12 points since April.
➡️Retail sales surged an astonishing 18 percent in May.

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The S&P 500 and Nasdaq Composite started the new quarter with solid gains on Wednesday, with market sentiment getting a lift from positive coronavirus vaccine news and strong U.S. economic data.

http://ow.ly/XW0X50AnuLu

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💼 As the economy gets back on its feet, here are some of the companies hiring right now. http://ow.ly/EQGb50Ak1js

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Dow Ends Higher on Economic Recovery Hope - Nasdaq Up 7th Day.

http://ow.ly/GSzm50AeOA1

📈 U.S. May retail sales surge 17.7% in the biggest monthly jump ever. Consumer spending is about 70% of the U.S. economy. COVID Promise encourages consumers to make promises to their favorite businesses to support them during the economic shutdown and recovery. Check out these cute kids, keeping their at Five Below. Show your support by making your Promise and share it on social medial with . Spread the promise, not the virus.

http://ow.ly/6KuA50A9NdD

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Remember the U, L and V shaped recovery discussed by COVID Promise economic advisor Jeremy Petranka from Duke's Fuqua School of Business? Check out this article that predicts the V shaped recovery by 4th quarter.

Morgan Stanley prediction: http://ow.ly/Cf5G50A7ZnH

More on the V-shaped recovery from COVID Promise: http://ow.ly/cO5Z50A7ZnF

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