The U.S. officially entered a recession back in February, according to the National Bureau of Economic Research, but the stock market has been surging in recent weeks, USA Today reported. With many states reopening and millions of Americans going back to work, some people are hopeful that this means the economy is getting back on track. However, there has also been a huge spike in the number of COVID-19 cases since businesses started reopening, which doesn't bode well for Americans' health or the economy. New research also shows that the majority of Americans are pessimistic about the country's economic future. Nearly three-quarters (72%) of U.S. adults believe this recession will continue until at least next year, according to a recent survey from Simplywise.
