COVID-19 Recession

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Despite the substantial financial losses caused by the COVID-19 shutdown, the Athens economy is in good shape and is expected to recover by the end of 2021. That’s according to the latest economic forecast from UGA’s Terry College of Business.

“The outlook for Athens is quite good for 2021. The COVID-19 recession is over, UGA is open, recent economic development projects are going to boost the local economy, and the housing market is very strong. Plus the leisure and hospitality industry, although not fully recovered, is poised for additional recovery.”