Geographical areas

Despite the pandemic, household disposable income in the United States not only held up incredibly well but actually grew significantly thanks to strong fiscal policy support. Will the figures for US household consumption in 2021 come as a pleasant surprise?

Thanks to its resounding success in combating COVID-19, China expects to see its economy grow by 2.0% in this pandemic-filled year, making it the only major economy to end 2020 on a positive note. The future is not written in stone but, in 2020, China took significant steps towards resuming its previous role as the world's leading economy.