Get all your news in one place.
100's of premium titles.
One app.
Start reading
Bangkok Post
Bangkok Post
World

US economy grows 5.7%

LaGuardia Airport is seen in the background of the Chrysler Building from the 86th floor observatory of the Empire State Building in New York on January 18, 2022. (Photo: AFP)

The United States economy expanded 5.7% in 2021, marking the best one-year performance since 1984 and underscoring the recovery from a coronavirus pandemic-induced economic downturn, data from the Commerce Department showed Thursday.

In the October to December quarter, the economy grew an annualised real 6.9% from the preceding quarter. The growth in terms of inflation-adjusted gross domestic product exceeded the average market forecast of 5.5%.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.