US economic restart, recovery will continue into 2021
The economic outlook and employment rate has been severely affected by the virus-induced lockdown and restrictions. With the resurge in the cases, things don't seem to go back to how one would have anticipated any time soon. The Kelley School of Business forecasted in November the U.S. economy restart will continue into 2021, but with some deceleration compared to previous years, according to an IU press release. According to this forecast, the output might regain the previous peak by mid-2021. However, the employment rate is unlikely to recover till 2022. To read more about this, click here.
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