Economics Weekly: Why Trend Economic Growth May Be Improving

Friday, February 5, 2021

The economic disaster that has resulted from the COVID pandemic for many has simply cemented their view that the economy is stuck in a grindingly low-growth phase that will result in even more scarring and further exacerbate those structural impediments. We take a contrary view, however.

In this Economics Weekly, we argue that while we still face some very significant near-term challenges, the COVID pandemic has been a forced experiment that ultimately could result in higher real potential GDP growth, which has significant implications for longer-term growth.

For a copy of this report or to subscribe to the Economics Weekly or Economic Indicators reports, please contact your William Blair representative.

Richard de Chazal, CFA is a London-based macroeconomist covering the U.S. economy and financial markets.

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