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Breaking: US GDP grew 6.5% in Q2; overall GDP at $22.72T

F-22Raptor

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Real gross domestic product (GDP) increased at an annual rate of 6.5 percent in the second quarter of 2021 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 6.3 percent (revised).

Current‑dollar GDP increased 13.0 percent at an annual rate, or $684.4 billion, in the second quarter to a level of $22.72 trillion. In the first quarter, current-dollar GDP increased 10.9 percent, or $560.6 billion (revised, tables 1 and 3).

https://www.bea.gov/news/2021/gross...arter-2021-advance-estimate-and-annual-update
 

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