Happy spring! As we enter April 2021, approximately 100 million Americans (or 30 percent of the U.S. population) will have received at least the first dose of COVID-19 vaccinations. While we are not “out-of-the-woods” as far as COVID risk, we are poised for a significant economic boost. The real GDP growth rate for Q4 2020 was revised upward to 4.3% and follows the Q3 2020 growth rate of 33.4%. For 2021, even before passage of the recent $1.9 trillion stimulus bill, we estimated real GDP growth to be 4.5%. With additional stimulus checks, we expect continued economic growth, although some of this will
likely be pulled into 2021 from 2022. As you get out to enjoy spring, let’s especially thank our vaccine researchers and medical staff!
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