Treasury Releases New Analysis Highlighting the U.S. Economy’s Historic Post-Pandemic Recovery Driven by the Biden Administration’s Policy Agenda

WASHINGTON – Today, the U.S. Department of the Treasury’s Office Economic Policy released an analysis showing that the United States has done remarkably well in the recovery from the pandemic recession, driven by President Biden’s policy response. Under the Biden-Harris Administration, the United States has had the strongest growth and employment creation of any advanced country, brought inflation back down, and achieved a soft landing, defying many forecasts and predictions. This all happened amid the fairest recovery on record, as rural communities, households of color, and historically overlooked places have seen significant gains.This analysis comes ahead of Secretary Yellen’s remarks to the New York Association for Business Economics (NYABE) on January 15, where she’ll reflect on her tenure as Secretary of the Treasury, the Biden-Harris Administration’s economic agenda, and the historic economic recovery from the pandemic.Highlights from the analysis:The U.S.