cover image: 2020 United States Economic Forecast, 4 th Quarter 2020 – Deloitte

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2020 United States Economic Forecast, 4 th Quarter 2020 – Deloitte

16 Dec 2020

bill that is the most probable policy intervention Granted, significant hurdles remain, including will likely provide too little help, and in the baseline many Americans’ reluctance to be vaccinated,4 the damage done to business and labor markets keeping the possibility of the long slog scenario at a takes years to fix. [...] The most striking But companies will likely begin to reduce their examples of this are the US withdrawal from dependence on foreign suppliers, or attempt to cooperation in the World Health Organization, and have a portfolio of suppliers rather than a single the unilateral decisions of both China and Russia source, even if the single source is the cheapest. [...] Essentially, the economy would suffer a As of the end of November, the chances of a significant depreciation of its capital stock. [...] How to entice people to switch to manufacturing • As long as the disease remains a significant from, say, food service, and accommodation? The issue, demand in the most affected industries lack of opportunities in the old areas will help, but will continue to lag. [...] In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the “Deloitte” name in the United States and their respective affiliates.
Pages
32
Published in
United States of America