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The US economy exceeds its pre-crisis level

2021-07-29T13:08:42.688Z


The total amount of gross domestic product exceeded that of the fourth quarter of 2019, for the first time since the onset of the health crisis.


The United States saw weaker-than-expected growth in the second quarter of 2021, but the economy has however surpassed its pre-pandemic level for the first time, according to the Commerce Department's first estimate, released Thursday.

Read also: The pandemic and the delays in vaccination are accentuating the growth gaps in the world

The total amount of gross domestic product (GDP) has indeed exceeded that of the fourth quarter of 2019, which was the last not to have been penalized by the crisis caused by the Covid-19. The country recorded growth of 6.5% on an annualized basis, although much less than the 8.5% expected by analysts.

Source: lefigaro

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