As The US Economy Picks Up Steam, These 2 ETFs Could Benefit From Tailwinds – Investing.com

  • Date: 22-Apr-2021
  • Source: Investing.com
  • Sector:Economy
  • Country:Middle East
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As The US Economy Picks Up Steam, These 2 ETFs Could Benefit From Tailwinds – Investing.com

Recent US metrics show that the economy is rebounding from the uncertainties brought by the pandemic. The road to recovery might still ebb and flow, but consumers and companies seem increasingly confident that better days are ahead.

For instance, in March, the Conference Board's Index beat expectations, increasing to 109.7 from 90.4 in February. The next set of data is slated for the end of the month.

Earlier in April, data released by the US Bureau of Labor Statistics showed that the in March was 6.0%, 0.3% lower than February. According to the report, “Job growth was widespread in March, led by gains in leisure and hospitality, public and private education, and construction.”

We're in the midst of a volatile earnings season. Therefore, many darlings of Wall Street could easily come under short-term pressure. However, in the long run, the stock market typically benefits from a robust economy and moves higher.

With that information, here are two exchange-traded funds (ETFs) that might potentially benefit from the strength of the US economy. They could appeal to readers who believe the most adverse economic effects of the pandemic are behind us.1. BlackRock Future Innovators ETFCurrent Price: $50.7452-Week Range: $35.22 - 57.75Expense Ratio: 0.8% per