Tuesday, January 12, 2021 - 12:30pm
WASHINGTON, D.C. - In the annual State of American Business speech today, U.S. Chamber of Commerce CEO Thomas J. Donohue outlined the path for a widespread economic recovery through a bold agenda of infrastructure investments, workforce reskilling, immigration reforms, and reinvigorating America’s global competitiveness. Additionally, he warned that excessive regulations and anti-competitive taxes would undermine the recovery.
“In the face of significant challenges, including a global pandemic and an economic crisis, businesses have adapted to survive, they have served their communities and this country, and they have put forward life-saving, world-changing solutions,” Donohue said, speaking before a global audience of as many as 10,000 (registered attendees). “The State of American Business is resilient.”
CoBank: COVID-19 Will Continue To Steer Economy In 2021 agweb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from agweb.com Daily Mail and Mail on Sunday newspapers.
CoBank Releases 2021 Year Ahead Report – Forces That Will Shape the U.S. Rural Economy
COVID-19 vaccine brings optimism for a brighter and more prosperous year ahead, but significant economic recovery unlikely before mid-year
DENVER, Dec. 17, 2020 (GLOBE NEWSWIRE) The speed of the economic recovery will largely hinge on the availability, dissemination and reach of COVID-19 vaccines, pushing the expected burst of pent-up consumer demand into the latter half of 2021, according to a comprehensive year-ahead outlook report from CoBank’s Knowledge Exchange division.
“The coming year will be a recovery year for most Americans and the businesses that make up the U.S. economy,” said Dan Kowalski, vice president of CoBank’s Knowledge Exchange division. “The early part of the year should look very different than the latter, but in total, economic growth is estimated to be about 4%, following a retreat of roughly 4% in 2020.”