BEA Reports that Second Quarter 2021 GDP Grew at a 6.50% Rate
July 29, 2021 at 11:31 AM EDT
In their first (preliminary) estimate of the US GDP for the second quarter of 2021, the Bureau of Economic Analysis (BEA) reported that the US economy was growing at a +6.50% annual rate, up 0.22 percentage points (pp) from the prior quarter.