Georgia’s economy will bounce back from the coronavirus pandemic next year, despite inflation and the latest COVID-19 variant, the dean of the business school at the University of Georgia predicted Monday.
“We’ve made tremendous progress getting back to normal,” Benjamin Ayers of UGA’s Terry College of Business, told an audience of about 475 business leaders at the Georgia Aquarium in downtown Atlanta. “By late 2022, Georgia’s economy will fully recover from the COVID-19 recession.”
In fact, Georgia’s forecast economic growth rate of 4.3% next year will outperform the predicted increase in the nation’s gross domestic product of 4.0%, Ayers said during Terry College’s annual Economic Outlook luncheon.
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