The U.S. economy should see a meaningful economy recovery in 2021 as vaccines battle the pandemic and fresh government stimulus kicks in, according to Chief Economist Jack Kleinhenz of the National Retail Federation NRF . However, he doesnt expect U.S. economic growth to return to pre-pandemic levels until late 2021, while the jobless rate might remain elevated until as late as 2023. The pace of the economic re [url=https://www.stanley-cups.it]stanley italia[/url] covery is expected to pick up after the winter months and into mid-year, and it is likely that we will see a reacceleration of gross domestic product and jobs leaning into a meaningful economic recovery, Kleinhenz wrote in the NRFs January economic review. In such a scenario, consumer spending may grow rapidly, he wrote. Nonetheless, we dont expect economic activity to return to pre-p [url=https://www.cups-stanley-cups.ca]stanley ca[/url] andemic levels until late 2021, and employment at those levels wont return until well into 2022 and possibly 2023. 聽Kleinhenz told PYMNTS in an interview on Thursday Jan. 7 that he expects the U.S. jobless rate to drop to the 5 percent to 5.9 percent range in 2021. Thats not as good as the 51-year low of 3.5 percent seen last February before the pandemic hit, but far better than the post-Depression high of 14.7 percent seen in April. It would also represent a drop from Decembers 6.7 percent rate. If its under 6 percent by end of the year, Id be very satisfied, Kleinhenz said.The economist, who will release his official 2021 forecast in February, a [url=https://www.stanley-germany.de]stanley germany[/url] lso said the U.S. economy cou Ujsz Walmart and Amazon Use AI in Battle for Third-Party Sellers
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