U.S. economy signals strong start to 2021 | Visa


U.S. economy signals strong start to 2021

For the first time in a while, we now see more upside risk to GDP growth this year than downside.

Illustration of a bar chart showing seasonally adjusted real gross domestic product.  See image description.

A bar chart showing seasonally adjusted real GDP, with compound annual growth ranging from 2.9% in March 2019 to -31.4% in June 2020, 33.4% in September 2020 and finishing 2020 at 4.0%, with growth forecast to reach 3.1% by year-end 2021 and 2.8% by year-end 2022. YoY growth ranged from 2.3% to -9% between March 2019 and June 2020, and finishing 2020 at -2.5%. YoY growth is forecast to reach 3.9% by year-end 2021 and 2.8% by year-end 2022.