2021 Economic Forecast – Overview

National Financial Solution > Financial Forecast > 2021 Economic Forecast – Overview



An Economy Affected by the Pandemic. A Look Ahead at 2021.
Predicting how the economy will fare in 2021 is a nearly impossible task. A new presidential administration and the ongoing pandemic are among the many variables that we have no control or limited control over. Economist Bob Morgan explains how 2020 turned the economy upside down and why the recovery in 2021 is so dependent on the virus vaccine and its rate of distribution. Morgan says several areas, like the housing market, remained strong in 2020, while others were clearly hurt by the disruption to the service chain and the inability to replenish inventory.

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