While the American Bankers Association's Economic Advisory Committee expects the economy to decelerate in this quarter, it says there are brighter days ahead.
The committee predicts that the US economy will grow at about 4% over the four quarters of 2021, which will be the most robust growth in nearly two decades.
As mass vaccinations across the nation bring many consumers back to stores, restaurants, movie theaters and travel, the committee members agree that the economic outlook will brighten considerably.
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
