Category: Economic Outlook

Economic Outlook

May 2021 Economic Outlook for Banks

The U.S. economy grew at an annual rate of 6.4% in the first quarter.  Growth was robust, but below expectations.  While recovery began in the third quarter, growth has been inconsistent with a relatively weak growth in the fourth quarter.  As of the first quarter, real GDP had not yet reached the pre-pandemic level set […]

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