U.S. 20-year Outlook
5-Year Outlook By CBoC Economics Team • Updated: February 19, 2025
Steady as She Slows
The U.S. economy not only survived as it emerged from the pandemic, but thrived. Despite the extremely restrictive monetary environment required to fight soaring inflation, economic growth consistently outperformed expectations thanks to the robust labour market and resilient consumer sector.
February 19, 2025 • 14-min read
Previous Release
Long-Term Downward Drift
The U.S. economy outperformed expectations, as it emerged from the pandemic, despite the highly restrictive monetary policy required to bring down soaring inflation. The strength of the labour market and unstoppable consumer spending maintained healthy real GDP growth that allowed the U.S. economy to evade a much-anticipated recession.
January 9, 2024 • 10-min read
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