{"id":830,"date":"2021-02-17T12:36:46","date_gmt":"2021-02-17T20:36:46","guid":{"rendered":"https:\/\/www.lee-associates.com\/palmdesert\/?p=830"},"modified":"2025-03-20T12:22:10","modified_gmt":"2025-03-20T19:22:10","slug":"q4-2020-economic-reports","status":"publish","type":"post","link":"https:\/\/www.lee-associates.com\/palmdesert\/2021\/02\/17\/q4-2020-economic-reports\/","title":{"rendered":"Q4 2020 Economic Reports"},"content":{"rendered":"

The U.S. economy improved in the fourth quarter with the nation\u2019s gross domestic product rising at a 4% annualized rate. The Q4 report from the Commerce Department follows a record quarterly gain in the third quarter. But despite the strong second half, the U.S. economy contracted 3.5% in 2020. It was the first annual drop since the financial crisis and the most since 1946.<\/p>\n

There is wide agreement that the economy will improve in 2021 as long as vaccinations proceed as planned.\u00a0 \u201cWe\u2019re a long way from a full recovery,\u201d said Federal Reserve Chairman, Jerome Powell, on the eve of the Commerce Department\u2019s report in late January. \u201cThere\u2019s nothing more important to the economy now than people getting vaccinated. Read more<\/a> ><\/p>\n

Download Q4 2020 Economic Reports<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The U.S. economy improved in the fourth quarter with the nation\u2019s gross domestic product rising at a 4% annualized rate….+<\/a><\/span><\/p>\n","protected":false},"author":46,"featured_media":832,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,5],"tags":[84,53,83,82,37,28,19],"class_list":["post-830","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-market-reports","tag-84","tag-commercial-real-estate","tag-economic-report","tag-economy","tag-market","tag-palm-desert","tag-retail"],"yoast_head":"\nQ4 2020 Economic Reports - Palm Desert | Lee & Associates<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lee-associates.com\/palmdesert\/2021\/02\/17\/q4-2020-economic-reports\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Q4 2020 Economic Reports\" \/>\n<meta property=\"og:description\" content=\"The U.S. economy improved in the fourth quarter with the nation\u2019s gross domestic product rising at a 4% annualized rate....+\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.lee-associates.com\/palmdesert\/2021\/02\/17\/q4-2020-economic-reports\/\" \/>\n<meta property=\"og:site_name\" content=\"Palm Desert | Lee & Associates\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-17T20:36:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-03-20T19:22:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.lee-associates.com\/palmdesert\/wp-content\/uploads\/sites\/27\/2021\/02\/Economic-Report.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"450\" \/>\n\t<meta property=\"og:image:height\" content=\"318\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Palm Desert\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Palm Desert\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/palmdesert\\\/2021\\\/02\\\/17\\\/q4-2020-economic-reports\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/palmdesert\\\/2021\\\/02\\\/17\\\/q4-2020-economic-reports\\\/\"},\"author\":{\"name\":\"Palm Desert\",\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/palmdesert\\\/#\\\/schema\\\/person\\\/9c46ecdf0d12844bb25bedb8ce62622e\"},\"headline\":\"Q4 2020 Economic Reports\",\"datePublished\":\"2021-02-17T20:36:46+00:00\",\"dateModified\":\"2025-03-20T19:22:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/palmdesert\\\/2021\\\/02\\\/17\\\/q4-2020-economic-reports\\\/\"},\"wordCount\":130,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/palmdesert\\\/2021\\\/02\\\/17\\\/q4-2020-economic-reports\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.lee-associates.com\\\/palmdesert\\\/wp-content\\\/uploads\\\/sites\\\/27\\\/2021\\\/02\\\/Economic-Report.jpg\",\"keywords\":[\"2020\",\"commercial real estate\",\"economic report\",\"economy\",\"market\",\"palm desert\",\"retail\"],\"articleSection\":[\"Blog\",\"Market Reports\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.lee-associates.com\\\/palmdesert\\\/2021\\\/02\\\/17\\\/q4-2020-economic-reports\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/palmdesert\\\/2021\\\/02\\\/17\\\/q4-2020-economic-reports\\\/\",\"url\":\"https:\\\/\\\/www.lee-associates.com\\\/palmdesert\\\/2021\\\/02\\\/17\\\/q4-2020-economic-reports\\\/\",\"name\":\"Q4 2020 Economic Reports - 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