From the Atlanta Journal-Constitution:

While business data showed the state’s economy rebounding steadily in May and early June, progress seems to have slowed. Coronavirus cases have surged again in recent weeks across much of the U.S., including Georgia, threatening to further stall the economic recovery or push it into reverse.

Consumer spending in Georgia had been rising steadily between mid-April and June, only to plateau, still 8.2% below its January level, according to the Opportunity Tracker compiled by Harvard University researchers.

Spending by Georgia businesses edged up just 1.5% in June, according to Cortera, which collects data on company expenditures. Another sign of distress: companies were paying 38% of their bills late.

For the full article visit AJC.com