Prickly Curmudgeon Smiter
- Jun 28, 2010
Seriously though, who cares about the economy?
The US economy is set to grow at the fastest pace since 1984 thanks to stimulus and the rapid vaccine rollout, the OECD saidThe US economy is set to grow at the fastest rate since 1984 this year thanks to government stimulus and the speedy rollout of coronavirus vaccines, the Organisation for Economic Co-operation and Development (OECD) has said.
In its latest economic outlook, the OECD group of rich countries said US gross domestic product would grow 6.9% in 2021, after contracting 3.5% in 2020. That would be the biggest increase since 1984, according to World Bank figures.
The OECD's new US forecast was an upgrade from March's prediction of 6.5% growth, which was itself a sharp improvement on a December estimate of 3.2%.
US Economy Set to Grow Most Since 1984 on Stimulus, Vaccines: OECD (businessinsider.com)