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8.A. - Page 28 of 104 <br />Evolution Of Real GDP <br />5,200 <br />Baseline <br />m 5,100 <br />25 US$ trillion, chained 2012 prices <br />5,000 <br />; <br />Downside <br />Q <br />22 <br />N 4,900 <br />0 <br />1 <br />Pre- COVID-19 <br />4,800 <br />19 <br />path <br />V <br />17 <br />c 4,700 <br />16 <br />' <br />4,600 <br />14 <br />4,500 <br />Forecast <br />13 <br />0 <br />12 <br />4,400 <br />' <br />10 <br />m <br />1995 2000 2005 2010 2015 <br />2020 2025 <br />" 4,300 <br />4,200 <br />11 '�� h� <br />�g 14 �� �� `�� 0 <br />Io �o ,Lo <br />4R,vo C>�`�o O�ryo <br />4�'ryo C�,Lo (>A�o d�ryp <br />Sources: Oxford Economics, BEA, and S&P Global Economics. <br />Copyright © 2020 by Standard & Poor's Financial Services LLC. All rights reserved. <br />Various analyses of U.S. Real Gross Domestic Product envision sluggish recoveries, in some instances <br />worsening before they get better if the winter brings increased illness and no federal stimulus help. <br />Real GDP, US$ trillion <br />— Baseline — Relief bill to the rescue Na end in sight <br />25 US$ trillion, chained 2012 prices <br />24 <br />; <br />23 <br />22 <br />21 <br />20 <br />19 <br />; <br />18 <br />17 <br />16 <br />' <br />15 <br />14 <br />History <br />Forecast <br />13 <br />12 <br />11 <br />' <br />10 <br />1995 2000 2005 2010 2015 <br />2020 2025 <br />Source: Deloitte analysis - <br />BUDGET MESSAGE 397 <br />