Is the economic recovery at risk? | Visa


Is the economic recovery at risk?

Economic activity rebounds, even as the number of new virus cases continues to rise to new highs.

July GDP Chart: Seasonally adjusted real gross domestic product.  See image long description.
Seasonally adjusted real gross domestic product, with compound annual growth ranging from 2.5% in Q1-2018 to -5% in Q1-2020 and -29.9% forecast for Q2 before rebounding to 10.3% in Q3 and 3.1% in Q4 of this year, followed by growth in the range of 3% expected throughout 2021. Year-over-year growth ranged from .3% in Q1-2020 to -6.7% expected in Q4.