Additional Information About the Economic Outlook: 2021 to 2031

Congressional Budget Office

No 56989, Reports from Congressional Budget Office

Abstract: This report provides additional information on the economic forecast that CBO initially released on February 1, 2021. In that forecast, which covers the period from 2021 to 2031, CBO projects that the economy will continue the recovery that it began in 2020 and then enter a sustained expansion. Specifically, real (inflation-adjusted) gross domestic product is projected to return to its prepandemic level in mid-2021 and to surpass its potential (that is, its maximum sustainable) level in early 2025.

JEL-codes: E20 E23 E60 E62 E66 (search for similar items in EconPapers)
Date: 2021-02-23
New Economics Papers: this item is included in nep-mac
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