BBVA Research economic analysis indicates stronger growth after 4Q20 slowdown

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Feb 02, 2021
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- PCE increased 2.5 percent: Personal consumption expenditures rose by 2.5 percent but contracted in November and December.

- Increased uncertainty: Uncertainty around the economic outlook has increased significantly.

- GDP growth: GDP growth in 2021 could reach its highest rate in nearly 40 years.

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