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United States Economy

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US GDP EXPANDED AT 4% ANNUALIZED RATE IN THE FOURTH QUARTER

Published On 29 Jan 2021 03:08 AM


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Highlights

• According to a preliminary estimate released by the Commerce Department on Thursday, the American gross domestic product expanded at a 4 percent annualized rate in the fourth quarter

• The output of goods and services slumping in the last quarter as compared to the record 33.4 percent in the previous quarter

• As per the CDC, the United States could witness up to 514,000 coronavirus-rel....


Tags : US economy, US news, GDP, Commerce Department, ,
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