The US economy is revving back up, and more rise is on the horizon. US Real Gross
Domestic Product rose 8.6% from the pandemic low to the end of 2020 and has
another 2.5% to go before equaling its last peak. Leading indicators point to
sustained rise this year, with 2021 coming in appreciably stronger than 2020 for
the vast majority of markets. We are forecasting robust rise for annual US
Industrial Production in the near term, with record highs by around mid-2022 and
rise extending through at least 2023.