fridi: (Default)
Fridi ([personal profile] fridi) wrote2021-05-06 12:37 am

Joe's boom

Some are now speaking of a Biden boom. Although the first quarter of the year has passed, the data keeps mounting in favour of a real growth forecast. Even if based on partial data (as of yet), the expected growth of the US economy is hovering around 7-8%. More importantly, the outstanding first quarter will likely not be alone. A recent WSJ research registered a median growth forecast of 6.4% for 2021.

If this really is the case, that'd be the fastest recovery since 1984...