Source: GROWING PRODUCE, 12/28/20


The speed of the U.S.’s rural economic recovery will largely hinge on the availability, dissemination, and reach of COVID-19 vaccines, pushing the expected burst of pent-up consumer demand into the latter half of 2021, according to a comprehensive year-ahead outlook report from CoBank’s Knowledge Exchange division. “The coming year will be a recovery year for most Americans and the businesses that make up the U.S. economy,” says Dan Kowalski, Vice President of CoBank’s Knowledge Exchange division. “The early part of the year should look very different than the latter, but in total, economic growth is estimated to be about 4%, following a retreat of roughly 4% in 2020.”

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