2020 will be remembered as a year of extremes, from the precipitous 31.4% drop in U.S. GDP during Q2, to its remarkable 33.1% bounce back in Q3.
While sustaining the recovery depends on the continued strong rollout of COVID-19 vaccines and new virus strains being kept under control, GDP is expected to grow by 6.7% in 2021. For more details on which sectors may continue to thrive and which may lag in recovery, explore the full report.
2021 Americas Outlook Virtual Event Series Recordings
In our Americas Outlook Virtual Event Series, CBRE subject-matter experts shared unique perspectives and insights on key trends and expectations for 2021 for all property types, economics & politics, as well as Mexico and Canada.
Scroll through the carousel to view the recordings.
The Weekly Take - A Little Help from My Friends: Stimulus, Vaccines and the 2021 Economic Outlook
With all eyes riveted on the U.S. election results, Richard Barkham, Global Chief Economist for CBRE, joins Spencer to discuss what the election and the prospects for a vaccine mean for the economy and commercial real estate in 2021.