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Economist Jeff Fuhrer, a former executive vice president and senior policy analyst at the Federal Reserve Bank of Boston, has for the past several years been the keynote speaker at the Mainebiz “Five on the Future” event. He is now executive vice president and chief strategy officer at MassDevelopment, the finance and development agency for Massachusetts. Mainebiz caught up with him to ask him for his outlook for 2021. Mainebiz: How early last year did economists start to see trouble signs with COVID-19? Jeff Fuhrer: There were of course some early rumblings about the coronavirus in late 2019 and early 2020. But almost no one saw the pandemic coming, let along the economic upheaval that it ultimately caused. Looking ahead, the jury is still out on how long that recovery will take and indeed, on how much damage the second surge will do. My sense is that by mid-2021, with the vaccine becoming widely distributed, confidence will begin to return, and spending on the har ....