economic forecast that month.
Regarding the economy at large, economist Bram
Gallagher, with CBRE Hotels’ Americas Research,
said a best-case scenario means a full economic
recovery in a little more than a year. That, however,
would require strong social distancing measures
that send new cases of the virus plummeting and
the discovery of an effective vaccine in the first half
of 2021.
Of course, in the months since, the country has
approved two coronavirus vaccines whose makers
say they are about 95% effective — about as good as
anyone could have hoped for.
Whether those best-case scenarios come to
pass now depend, in all likelihood, on whether
the country can ramp up its distribution of the
vaccine before new variants of the virus become the
dominant strains.
Atlanta Marriott in
the Cumberland area.
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