NEW YORK—The U.S. economy’s growth is likely slowing as 2020 comes to a close, but a growing number of economists expect it to claw back to its pre-pandemic strength by the second half of next year.
That’s the view from the latest survey of the National Association for Business Economics. It found that 73 percent of surveyed forecasters say the economy will return to its pre-pandemic level by late 2021. That reflects greater optimism than the forecasters had expressed a couple of months ago, when just 38 percent of them said they thought a full recovery could occur before 2022.
