• HUMAN REPORTERS · NOT MACHINES

    GDP Grows Just 2% In Third Quarter, Falling Short Of Diminished Expectations

    By CDM Staff
    October 28, 2021
    1
    GDP Grows Just 2% In Third Quarter, Falling Short Of Diminished Expectations
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    U.S. economic growth crashed in the third quarter, as the economy grappled with the Delta variant driving a resurgence of Covid-19 infections and supply-chain disruptions.

    Gross domestic product—the value of all goods and services produced in the U.S.—grew at an annualized rate of two percent from July through September, after adjusting for inflation and seasonality, the Commerce Department said Wednesday.

    That was below the consensus expectation for 2.9 percent growth...

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    CDM Staff

    The mission at Creative Destruction Media is to be the catalyst for the "process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one."
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    ProudUSAGirl

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