U.S. slightly revises up its GDP estimate for Q4 to 7 percent
By PAUL WISEMAN, Associated Press
Published: February 24, 2022, 9:29am
Share:
WASHINGTON — The U.S. economy ended 2021 by expanding at a brisk 7 percent annual pace from October through December, the government reported Thursday in a slight upgrade from its earlier estimate as businesses stepped up their restocking of supplies.
For all of 2021, the nation’s gross domestic product — its total output of goods and services — jumped by 5.7
Your tax-deductible donation to The Columbian’s Community Funded Journalism program will contribute to better local reporting on key issues, including homelessness, housing, transportation and the environment. Reporters will focus on narrative, investigative and data-driven storytelling.
Local journalism needs your help. It’s an essential part of a healthy community and a healthy democracy.