2020 will be remembered as a year of extremes, from GDP’S unprecedented 31.4% drop in Q2 to its remarkable 33.1% growth in Q3.
While continued recovery depends on a medical solution to COVID-19 and on additional government stimulus, GDP is expected to end 2020 down by only 4.0%, followed by a 4.5% rebound in 2021. For more details on which sectors may continue to thrive and which may experience a lag in recovery, explore the full report.
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