Thursday, July 29, 2021

GDP grew at 6.5% in Q2

WASHINGTON - The American economy grew at a 6.5 percent annual rate for the April-June quarter (Q2), according to a report released from the U.S. Commerce Department, which estimated the nation’s GDP accelerated form the 6.3 percent growth of Q1. The figures were below the 8 percent-plus growth some economists had predicted, due mainly to clogged supply chains. (Source: The AP 07/289/21) US economy surpasses pre-pandemic size with 6.5% Q2 growth (wtok.com) 

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