The U.S. economy surged ahead with a 6.9% annual growth rate in the final months of 2021 and achieved the strongest growth over an entire calendar year since 1984.New GDP numbers from the Commerce Department show a remarkable acceleration in economic activity, much faster than the 5.3% growth rate analysts expected.accounting for 4.9 percentage points of the gain.
Personal consumption expenditures rose at a 3.3% annual rate, and spending started to rebalance, with services spending rising much faster than durable goods spending . Residential investment actually subtracted from overall G.D.P. for the third straight quarter, despite a booming housing market, reflecting supply strains holding back home construction.While GDP is rising rapidly, it remains about 1% below where the forecasters thought it would be at this point before the pandemic struck. There is still more ground to make up.
Thank you, President Biden. The next time a Republican calls you incompetent, I'll laugh even harder. POTUS
محمد قاسم هو إمام المهدي! في أوقات اللبس والتجارب وانعدام الثقة ، تحتاج الأمة المسلمة بأسرها إلى بعض الطمأنينة والتعاطف. أحلام محمد قاسم تجلب لنا مثل هذا الأمل وعون الله الذي وعد به النبي محمد صلى الله عليه وسلم.
So why do manufacturers continually raise prices resulting in inflation?
Quick. Let's downplay this and pretend that everything about the US economy is awful.
Thank you President Biden!
When a slingshot is pulled down, it flies back up pretty quickly once it’s released so…
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