Pre pandemic GDP by mid 2021

WTF's Avatar
  • WTF
  • 02-01-2021, 04:26 PM
The Congressional Budget Office upgraded its U.S. economic outlook, saying GDP growth will recover "rapidly."
GDP is expected to return to its pre-pandemic size in mid-2021 and the labor force is forecast to rebound to its pre-pandemic level in 2022, the CBO said.
Importantly, the CBO said its rosier projections do not assume any new stimulus, including President Joe Biden's $1.9 trillion plan.
The CBO projects the unemployment rate to fall to 5.3% in 2021 and to 4% between 2024 and 2025.
winn dixie's Avatar
Thank You President Trump
WTF's Avatar
  • WTF
  • 02-01-2021, 04:37 PM
Thank You President Trump Originally Posted by winn dixie
fify

Ex President Trump.

He'd still be President if he'd had people wear masks and got kicked off Twitter sooner!
winn dixie's Avatar
fify

Ex President Trump.

He'd still be President if he'd had people wear masks and got kicked off Twitter sooner! Originally Posted by WTF
Prolly so
Unique_Carpenter's Avatar
I think interesting that various manufacturing indexes started going up in early fall 2020.
matchingmole's Avatar
Flush You President Trump!! Originally Posted by winn dixie



If the CBO said it take it to the bank. They've never been wrong.
Study had to be done before Biden's executive orders. They have put the brakes on the economy.
WTF's Avatar
  • WTF
  • 02-02-2021, 05:05 AM
Study had to be done before Biden's executive orders. They have put the brakes on the economy. Originally Posted by farmstud60
How so, please more details.

Rig counts have been steadily increasing
rexdutchman's Avatar
Of course they said that , uncle joe s in charge , Senility now
  • oeb11
  • 02-02-2021, 08:25 AM
Originally Posted by matchingmole



Trump is no longer POTUS
Do try to flush your hatred!