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Biden Relief Package, Vaccines Seen Spurring GDP Growth

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

U.S. gross domestic product (GDP) is now forecast to expand 5.7 percent this year based on the impact of the $1.9 trillion COVID-19 pandemic relief package set for final Congressional passage on Wednesday, falling infection rates and acceleration in inoculations, according to the latest U.S. economic forecast from IHS Markit. “The imminent enactment of a…

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