US business sentiment has changed the way Delta is changing

Economic updates on Coronavirus

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The US failure to prosecute Covid-19 cases is undermining business prospects for a speedy economic recovery, forcing companies to re-plan and re-evaluate their expectations as they struggle to fight the new federal vaccine.

Inflation has dropped by a quarter of US small businesses over the past three weeks with only 8% earning, according to the Economic Innovation Group. learning. A growing minority now expects the full economy to last more than six months.

The world Very large planes this week reveals the declining demand in the Delta diversity, which is widespread. United Airlines reaffirmed its plans for the special Thanksgiving and Christmas holidays and American Airlines and Delta Air Lines received less money than expected quarterly.

As supervisors walked into last-day Labor Day meetings, several said Delta’s diversity also brought uncertainty and uncertainty to their predictions.

I wait for the meteor to catch up and the locusts come, and then we can discuss what the fourth quarter looks like

“We have not given instructions to [2021] because there is so much uncertainty, “Craig Menear, chairman and executive director of The Home Depot, told one fundraiser.” It’s not clear how these Delta species play. ”

The MGM retailer will see a series of stops over the course of the week, with Tracey Travis, chief financial officer at Estee Lauder, telling a conference in Barclays that the first-quarter decline was “in particular” [due to] diversity of Delta ”.

Asked by a forensic investigator the CSX pilots in recent weeks, from Delta to hurricanes to remove the chains, James Foote, their chief, replied: “Well, I’m waiting for the meteor to hit and the locusts are coming, then we’ll talk about a quarter on Thursday, what it will look like. ”

The same uncertainty causes it Microsoft to delay the return of workers to U.S. offices this week, joining a list of many employers who are forcing them to reopen their offices after already exceeding their Labor Day targets.

The number of S&P 500 companies that reduce inflation grew from 37 to 47 between the second and third quarters, says John Butters, a major profit analyst at FactSet, although he stressed that this is down in five years.

The economy has not changed, says Oleg Melentyev, a loan specialist at Bank of America Securities, but extreme caution has brought “significant scrutiny” of growth.

“In the summer, hope has stopped being fully reopened and led to a stronger and more resilient recovery, which seems to be a gradual and unsettling prospect,” he said.

Jesse Wheeler, a financial analyst at Morning Consult, said consumer confidence has “fallen sharply” since early July, leaving many profits in the year to return to the last month in February.

“We can say with certainty that the Delta race is the driver, because the onset of a lack of confidence is exactly the same as the recent rise in crime,” he said.

Although the polling company saw another change last week, a number of workers say they did not feel comfortable returning to office. he jumped 9% to 43%.

The change in confidence comes as Biden’s management seeks to promote a new financial recovery by ordering a vaccine or weekly testing of 80m government workers before returning to work.

President Joe Biden’s announcement on Thursday was welcomed by several corporate groups representing several employers, who see vaccinations and tests as a way to protect workers and seek clear federal guidance at a time when some Republican ambassadors are threatening to pay vaccination businesses.

However, it is expected to be rejected by small companies. The National Association of Manufacturers said that vaccinating all Americans was “a financial necessity” but warned against “improper compliance” that would burden fellow employers.