UCLA Anderson Forecast Anticipates Robust Economic Recovery from Spring 2021
The most recent quarterly UCLA Anderson Forecast, published in December, anticipates economic recovery in the near future. This estimate is based on the assumption that mass vaccinations would ensure that many industries would be able to return to normalcy by the time it is spring.
This latest report is written by senior economist Leo Feler and anticipates two more quarters of slow growth — seasonally adjusted annual rates of 1.2% for the fourth quarter of 2020 and 1.8% for the first quarter of 2021 — before robust economic recovery yields growth of 6% in the second quarter of 2021.
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