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April Results Show COVID Impact

As the economic impact of the COVID pandemic came into full force, the consequences for mail volume, and Postal Service revenue, were reflected in the agency’s April financial results. Overlaid on this was the burden of various prefunding obligations and the usual fluctuating valuation of the Postal Service’s workers’ compensation liability.

Volume and revenue

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The 2020 Economy: Slowing, but No Recession

Several economic indicators suggest that the US economy will slow in 2020 but that a recession is unlikely. That was the message delivered to attendees during a December 17 Mailers Hub webinar presented by Andrew Paparozzi, Chief Economist for the Specialty Graphic Imaging Association.

(Miss the webinar? Subscribers can view the recording here, in the Mailers Hub Archives.)

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Below the Headlines: The 2020 Economy

Our guest blogger today, Andy Paparozzi, is Chief Economist for SGIA, and presenter for the December 17, 2019 Mailers Hub webinar, the 2020 Economic Outlook. 

The American economy has now grown 125 consecutive months, making the current upturn the longest on record. And headline numbers, such as 615,000 jobs added and retail sales up 4.0% over the last three months, suggest more growth is ahead.

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