Where to Look for Signs of Economic Recovery: High-Frequency Indicators
Since the pandemic began, disruptions in business activity have varied greatly from region to region. Unfortunately, many of the official government statistics used to gauge the health of the U.S. economy are backward looking and somewhat delayed. Here are some of the high-frequency indicators that may be helpful in evaluating the progress of the economic recovery.
Due Date for Federal Income Tax Returns and Payments Postponed to May 17
Due to the unusual conditions related to the coronavirus pandemic, the due date for individuals to file 2020 federal income tax returns and make tax payments has been postponed by the IRS from Thursday, April 15, 2021, to Monday, May 17, 2021.