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GDP Rises 6.5 Percent in Second Quarter, Passing Pre-Pandemic Level of Output

The economy grew at a 6.5 percent annual rate in the second quarter. This put GDP 0.8 percent above its last pre-pandemic quarter but still leaves it roughly 2.2 percent below its pre-pandemic trend. Productivity Growth Still Strong While the growth fo…

The economy grew at a 6.5 percent annual rate in the second quarter. This put GDP 0.8 percent above its last pre-pandemic quarter but still leaves it roughly 2.2 percent below its pre-pandemic trend. Productivity Growth Still Strong While the growth for the quarter was somewhat lower than had generally been expected, it would still More

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This content originally appeared on CounterPunch.org and was authored by Dean Baker.


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» GDP Rises 6.5 Percent in Second Quarter, Passing Pre-Pandemic Level of Output | Dean Baker | Radio Free | https://www.radiofree.org/2021/08/02/gdp-rises-6-5-percent-in-second-quarter-passing-pre-pandemic-level-of-output/ |

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