Econintersect's Economic Index forecast sees a bump in the economic rate of growth at the Main Street level driven by government spending - and employment continues to accelerate. 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 Economic year-over-year growth is about to skyrocket as the data is being compared to the country's lockdown and recession last year - but do not confuse yourself as the underlying rate of growth is not exceeding pre-pandemic levels in most areas. A recession ends when the economy begins to recover - and the economy is definitely recovering. This may be the shortest recession ever at 2 to 3 months. HOWEVER, the pandemic is not over and the coronavirus will decide when it wants to release the economy from its grip. At this point, the coronavirus is in control of the economy and all forecasts are simple guesses.