news.cuna.org/articles/119225-fairly-strong-economic-rebound-expected-in-latest-update-video
‘Fairly strong’ economic rebound expected in latest update video

‘Fairly strong’ economic rebound expected in latest update video

March 17, 2021

CUNA Senior Economist Jordan van Rijn said he expects a “fairly strong” economic rebound in CUNA’s latest Economic Update video, sponsored by CO-OP Financial Services.

“There is a lot of pent-up demand in the economy, and as vaccinations start to roll out people are going to be eager to travel again, to go back to restaurants. There’s also a lot of stimulus money in the economy, we expect the funds from the latest $1.9 trillion bill to come through in March,” he said.

The top five indicators van Rijn recommends credit unions keep an eye on are:

  • The pace of COVID-19 vaccination;
  • Labor force participation;
  • Consumer confidence;
  • Inflation; and
  • Interest rates.

The full video can be found below: