November 11, 2020

2020 will be remembered as a year of extremes, from the precipitous 31.4% drop in U.S. GDP during Q2, to its remarkable 33.1% bounce back in Q3.

While continued recovery depends on the continued strong successful rollout of COVID-19 vaccines and new virus strains being kept under control, GDP is expected to grow by 6.7% in 2021. For more details on which sectors may continue to thrive and which may lag in recovery, explore the full report.

2021 Americas Outlook Virtual Event Series Recordings

In our Americas Outlook Virtual Event Series, CBRE subject-matter experts shared unique perspectives and insights on key trends and expectations for 2021 for all property types, economics & politics, as well as Mexico and Canada.

 

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Related Insights

 

The Weekly Take - A Little Help from My Friends: Stimulus, Vaccines and the 2021 Economic Outlook

With all eyes riveted on the U.S. election results, Richard Barkham, Global Chief Economist for CBRE, joins Spencer to discuss what the election and the prospects for a vaccine mean for the economy and commercial real estate in 2021.

 

Listen to more The Weekly Take Podcasts

COVID-19 RESOURCE CENTER

Data-driven insights into the pandemic's impact on Commercial Real Estate

THE WAY FORWARD

An exploration of the future, and the transformation ahead for how we will work, live and invest

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