Market Watch Weekly | March 5, 2021 | March Madness!

Erik Dekker - Mar 05, 2021
The U.S. economy has roared back to life in 2021, with first-quarter growth set to defy even the rosiest expectations as another fresh influx of cash looms. Manufacturing data Monday showed the sector had its highest growth level since August 2018.

The U.S. economy has roared back to life in 2021, with first-quarter growth set to defy even the rosiest expectations as another fresh influx of cash looms. Manufacturing data Monday showed the sector had its highest growth level since August 2018. That report helped confirm the notion among economists that output to start the year is far better than the low single-digit growth many had been predicting in late 2020. The Atlanta Federal Reserve, which tracks data in real time to estimate changes in gross domestic product, is indicating a 10% gain for the first three months of the year.
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