The U.S. Bureau of Economic Analysis is reporting that America’s real gross domestic product (GDP) increased at an annual rate of 6.9% in Q4 2021. That figure is 4.6 percentage points higher than Q3’s annualized increase.
“The increase in real GDP primarily reflected increases in private inventory investment, exports, personal consumption expenditures (PCE), and nonresidential fixed investment that were partly offset by decreases in both federal and state and local government spending.”
Click here to read the full report at the U.S. Bureau of Economic Analysis.
