Economist Tells AZ Audience: US Economy to Have 2 Strong Years, Then Level Back to Before Covid

Article originally posted on Phoenix Business Journal on September 23, 2021

After two years of really exceptional economic growth, the U.S. GDP will likely level off to where it was before the Covid-19 pandemic, economist Andrew Busch said at the SRP and Phoenix Business Journal’s 2022 Economic Forecast event.

Busch said he expects the U.S. economy’s growth to level off as government stimulus slows and is no longer needed. He said he is expecting about 6% growth in 2021 and between 3.5% and 3.9% in 2022, before leveling off to about 1.8% in the following year.

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