An Overview of the Economic Outlook: 2021 to 2031

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CBO projects that the economic expansion that began in mid-2020 will continue. Real GDP is projected to return to its prepandemic level in mid-2021. The number of people employed is projected to return to its prepandemic level in 2024.

Data and Supplemental Information

Corrections and Updates

CBO has corrected this report since its original publication. Corrections are listed at the end of the report.