ELFF Projects 3.5% Decline in U.S. Economy for 2020, 4.7% Increase in 2021

According to the Equipment Leasing & Finance Foundation, despite a surge in Q3/20, due to the historic deep decline in Q2/20, the U.S. economy is expected to end the year down 3.5% from 2019. However, the economy is expected to grow 4.7% in 2021.