US prosperity weakened by COVID-19, mass shootings, report finds | Business and Economy News

 US prosperity weakened by COVID-19, mass shootings, report finds | Business and Economy News

The COVID-19 crisis has weakened prosperity in the United States, but even before the pandemic, mass shootings, elevated obesity levels and mental health issues had taken their toll on Americans’ quality of life, a report by the Legatum Institute published Thursday showed.

The US remains one of the most prosperous countries in the world, ranking 18 out of 167 nations, the conservative-leaning, London-based think-tank said in its 2021 United States Prosperity Index.

The index, which Legatum publishes annually, measures US prosperity using 11 pillars: safety and security, personal freedom, governance, social capital, business environment, infrastructure, economic quality, living conditions, health, education and natural environment.

But while prosperity in the US has been on the rise for more than a decade, it remains unevenly distributed, Legatum’s report found. And “even before the pandemic, other factors were acting as a…

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