Omicron is messing with the economic recovery
CNN
Thousands of flights canceled. Back-to-the-office plans shelved. College football bowl games and Broadway shows called off. Shuttered Apple stores in New York City.
Covid is once again causing mayhem in the economy.
The disruption is different this time, though. Vaccines and boosters are widely available, symptoms from Omicron appear to be milder than with prior variants, and government officials are vowing not to mandate a shutdown of the economy.
Millions of Americans have taken to the skies, hit the road, fired up the barbecue grill and jumped into the pool this weekend to celebrate the start of summer 2024. Analysts are expecting the Memorial Day weekend to usher in yet another summer of strong consumer spending on travel and other leisure activities.