United States economic outlook : 2020 in review and early 2021 developments

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The United States economy contracted by 3.5% in 2020 the worst performance since the Second World War but is currently expected to grow by an estimated 6.5% in 2021, the fastest pace in three decades. While there is optimism for the growth outlook this year and beyond, uncertainty and risks prevail. The United States economic outlook: 2020 in review and early 2021 developments presents and analyses the developments in the United States economy in 2020 and early 2021, and examines how they could affect financial conditions in Latin America and the Caribbean. The report includes a gender focus on the impact of the pandemic on the labour market.

Highlights

Overview

1. 2020 in review and recent developments. A. Quarterly GDP Growth. B. Retail sales. C. Industrial production. D. Labor market. E. Inflation. F. Monetary policy. G. Fiscal policy. H. Financial conditions. I.External sector

2. Impact on financial conditions: Latin America and the Caribbean

3. Looking ahead.


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