To talk about yesterday’s GDP numbers, the best place to start is to remind everyone that in 2020 the Covid-19 pandemic and lockdown caused the economy to shrink by 6.4%. As the waves of infection and lockdowns eased, and we all started working, travelling, and shopping again, economic growth recovered. In the third quarter of 2021 this recovery experienced setbacks that everyone expected to take a toll on the economy and yesterday we learned just how big.
