Interim Economic Projections for 2020 and 2021

Report

CBO estimates that real gross domestic product will contract by 11 percent in the second quarter of this year, which is equivalent to a decline of 38 percent at an annual rate, and that the number of people employed will be almost 26 million lower than the number in the fourth quarter of 2019.

View the narrated presentation highlighting the key themes of this report.

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