US economic recovery 'may be stuttering' amid Covid-19 upsurge     

Fall in consumer footfall and an increase in jobless claims have made some experts fear the economic recovery in the US has going in reverse

Picture: Johannes Eisele EISELE/AF  Getty Images

The economic recovery in the US may be stuttering as the country struggles to contain a renewed outbreaks of Covid-19, a senior economist has said. 

Citing the first increase in initial jobless claims since late-March, Michael Pearce at Capital Economics in New York said that fears have increased that recovery has started to go into reverse.