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United States Economy

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US ECONOMY GREW AT ANNUAL RATE OF 6.4 PERCENT IN LAST QUARTER

Published On 29 Apr 2021 06:31 PM


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Highlights

• This growth in the economy showcases impetus provided by government aid and the number of COVID-19 cases going downwards

• As per the economists, the growth in the present quarter is likely to be faster and reach annual pace of 10 percent

• The economy is hopeful of going upwards courtesy of President Biden’s $1.9 trillion package which was passed by Congress in March

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Tags : US news, US economy, COVID-19, Commerce Department, ,
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