Money Economy will return to pre-pandemic output level by mid-2021, sooner than expected, CBO predicts February 1, 2021 Paul Davidson, USA TODAY Comments Off on Economy will return to pre-pandemic output level by mid-2021, sooner than expected, CBO predicts The U.S. economy will return to its pre-Covid output level by mid-2021, the CBO estimates, sooner than it previously projected, as unemployment falls.