U.S. Economy Appears to Be Lifting Off

“The U.S. economy appears to have expanded rapidly in the first quarter, extending what economists project will be a robust, consumer-led recovery from the pandemic this year,” the Wall Street Journal reports.

“Fueled by a flood of federal cash to households and rising vaccinations, the nation’s gross domestic product likely grew at a 6.5% seasonally adjusted.”

Axios: Here comes the reopening boom.