US Q2 GDP Grew By 6.7% According To Final Reading For Quarter - Commerce Dept.

Mohammad Ali (@ChaudhryMAli88) Published September 30, 2021 | 05:50 PM

US Q2 GDP Grew By 6.7% According to Final Reading for Quarter - Commerce Dept.

WASHINGTON (UrduPoint News / Sputnik - 30th September, 2021) US Gross Domestic Product expanded by 6.7% in the second quarter of 2021, the Commerce Department said Thursday in its final reading for April-June growth, putting growth 0.1% higher than previously estimated.

"Real gross domestic product (GDP) increased at an annual rate of 6.

7 percent in the second quarter of 2021,"� the department said in a statement. "The increase in second quarter GDP reflected the continued economic recovery, reopening of establishments, and continued government response related to the COVID-19 pandemic."

Economists polled by US media had projected a final reading of 6.6% for the second quarter.

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