A recent report by some economists sees signs of rebound after the pandemic hit the U.S. economy. However, the report warns that employment will diminish and employees are recommended to work home.
According to Manuel Balmaseda, the chief economist at materials group Cemex, companies are getting back to normal following the harsh economic recession of 2020, and the trend will keep on to the end of the year.
Released just one week before the presidential election, the survey notes that the largest recovery is in sectors like goods-producing, transport, information and telecommunication and utilities.
Tom Orlik, Bloomberg Economics Chief Economist, said GDP in the third quarter will reflect high growth. Nonetheless, considering the temporary suspension on stimulus talks and COVID-19, the future sounds dismal.