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Economists predict quicker recovery from COVID recession – BizWest


BOULDER The local, state and national economy should bounce back more rapidly from the hits it has taken during the COVID-19 pandemic than it did from the Great Recession, according to University of Colorado Boulder economists who spoke Thursday at the virtual “2021 Economic Forecast: Boulder and Beyond.”
“We think this recovery’s going to be substantially quicker,” said Rich Wobbekind, senior economist and associate dean for business and government relations at CU Boulder. “The 2008-10 recession was really a global financial crisis. We needed to repair the financial system and the economic system. That took many years to fully repair over six years to get back to the same level of jobs. ....

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