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Anticipating a Coronavirus Vaccine, UCLA Anderson Forecast Expects Robust Economic Recovery to Begin in Spring 2021

In California, the rebound will be led by tech, residential construction and logistics sectors

Financial Graph - Yayimages

LOS ANGELES  — The quarterly UCLA Anderson Forecast anticipates positive economic news on the horizon.

After the COVID-19 pandemic reached the U.S., the Anderson Forecast’s March report was followed by two downward revisions, and the June and September releases charted the pandemic’s impact on the California and national economies. The December forecast offers hope of a robust recovery from the current recession, based on the assumption that mass vaccinations would clear a path toward a new, productive normalcy for many industries.

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