11 November, 2020

2020 will be remembered as a year of extremes, from GDP’S unprecedented 31.4% drop in Q2 to its remarkable 33.1% growth in Q3.

While continued recovery depends on a medical solution to COVID-19 and on additional government stimulus, GDP is expected to end 2020 down by only 4.0%, followed by a 4.5% rebound in 2021. For more details on which sectors may continue to thrive and which may experience a lag in recovery, explore the full report.

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

Get Started with CBRE Investor Services

Search Properties For Sale or Request Financing

Order an Appraisal

Stay Connected with Investor Services