"We expect GDP to surpass its pre-Delta peak this quarter already and to keep surprising to the upside next year," said Marcel Thieliant, a senior economist at Capital Economics, who predicted growth of 5% for 2021. ![]() ![]() The annual pace of growth slowed to 3.9%, from 9.6% in the second quarter, but again beat forecasts of 3.0%, and analysts were optimistic the loss would be quickly recouped. ![]() That was still better than markets forecasts of a 2.7% decline and relatively moderate compared to the 6.8% quarterly slump suffered last year when the pandemic first struck.
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