Charting the Global Economy: U.S., Europe Breaking Free of Virus

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Service providers and manufacturers on both sides of the Atlantic are exhibiting robust rates of growth as the U.S. and European economies escape the clutches of the pandemic.

While the labor market in the U.K. stirs to life, elevated coronavirus infections are damaging India’s. Japanese exporters, meanwhile, are benefiting from robust demand in other parts of the globe where recoveries are gaining strength.

Here are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy:

U.S.

A measure of output at manufacturers and service providers advanced to a fresh record in May, underscoring solid demand that’s contributing to added inflationary pressures.

Greater Expectations

Firms in Philadelphia Fed region lift projections for labor costs, pricing

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