Peoria’s economy surges, despite pandemic

Image by Megan Rexazin from Pixabay

By Tom Scanlon | Peoria Times

Economists mulled over mostly good news on the national economy, unveiled Aug. 14. According to a Wall Street Journal story, “U.S. households boosted retail spending 1.2% in July, the third straight monthly increase despite a rise in coronavirus infections.”

At the risk of bragging, Peoria might comment: “That’s nothing!”

Despite slowdowns—and, at times, outright shutdowns—of restaurants, bars, gyms and movie theaters, the Peoria economy is not just surviving the COVID-19 pandemic but thriving through it.

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