US Economic Outlook: Recovery Tied Directly To Success Of COVID Vaccination Program 01/12/21 AT 9:41 AM The New York Stock Exchange will delist three Chinese telecom equities, reverting to its initial position after reversing itself two days ago Photo: AFP / Angela Weiss KEY POINTS Fed officials see sharp bounce provided vaccinations go smoothly Industries that were decimated by the pandemic will take longer to recover Economists suggested vaccinations against COVID-19 would facilitate a broad-based recovery, but they differed over the general pace of an eventual rebound as some questioned how long the ramifications of the pandemic would last. The Federal Reserve Bank of Atlanta revised its snapshot estimate for the fourth quarter, projecting gross domestic product would increase by 8.7%, up from its previous estimate of 8.5% from Jan. 7.