During June we have witnessed the recovery of macroeconomic data. Despite the fact that, in many cases, they are still contractive at an absolute level, they are showing significant improvements compared to their previous figures. Below, we can see a table with some of the economic indicators published in the US referring to business activity, unemployment and consumption.
As these economic indicators point out, we could be experiencing the expected "V-shaped recovery" of the American economy.
If we cross the Atlantic, we see that in the Eurozone the data also shows improvement, although not as pronounced as in the United States.
Everything seems to point out that macroeconomic data still has room to improve as long as the Covid-19 pandemic is under control . However, from now on, we may not see as many positive as we have seen in June, because the estimates will be more in line with the final result as the uncertainty decreases.
