On the Radar: Will the resurgence of COVID-19 cases threaten the U.S. economic recovery?

At the national level the resurgence of COVID-19 cases, now mostly due to the highly contagious Delta variant, remains modest. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

Will the resurgence of COVID-19 cases threaten the U.S. economic recovery? At the national level the resurgence of COVID-19 cases, now mostly due to the highly contagious Delta variant, remains modest. Although new cases have quadrupled in the past three weeks, overall infection rates are still only 20% of the peak at the start of the year. But that national average hides a big regional divergence, with states in the southeast and those with lower vaccination rates seeing the biggest uptick not only in infections, but hospitalizations and fatalities. Read more on CNR.com Also in This Edition How strong was the Q2 GDP report? Is the recession over? On the Radar is a biweekly publication providing quick and concise answers to the topical investment and economic questions that are on investors' minds. Investment management services provided by City National Bank through its wholly-owned subsidiary City National Rochdale, LLC, a registered investment advisor. City National Bank Member FDIC. Investment Products are: • not insured by the FDIC. • not a deposit or other obligation of, or guaranteed by, the bank. • subject to investment risks, including possible loss of the principal amount invested. Unsubscribe from On The Radar  |  Update preferences This message has been sent to bank@banking.offers.report. Please do not reply to this email. To ensure the delivery of future emails, please add email@emails.cnb.com to your email address book or safe sender list. Copyright © 2021 City National Bank – All Rights Reserved. 555 South Flower Street, 17th Floor, Los Angeles, CA 90071 City National Bank is a subsidiary of Royal Bank of Canada. Terms & Conditions  |  Privacy Statement City National Bank Member FDIC.