Econintersect's Economic Index forecast sees a modest slowing of the economic rate of growth as consumers do not yet seem to be prepared to spend. The media/government message machine is spinning the variants as a potential bomb reinforcing the message to consumers to save for the oncoming rainy day - even though the current rapidly expanding COVID vaccination program should be cause for a rosier message. Please share this article - Go to the very top of the page, right-hand side for social media icons. Analyst Summary of this Economic Forecast The effectiveness of stimulus programs is significantly undermined when the economic brakes are not released. The last stimulus was banked by the majority, and the new stimulus being legislated currently will likely end up in the bank also. This is the main reason that this economic forecast showed a lower growth rate - poor consumer spending.