US economy grew 5.7 percent in 2021

Source: The Hill | January 27, 2022 | Sylvan Lane

The U.S. economy grew by almost 6 percent in 2021 as the country staged a rapid rebound from the blow of the coronavirus pandemic, according to data released Thursday by the Commerce Department.

U.S. gross domestic product grew 5.7 percent last year after falling 3.4 percent in 2020 as the onset of COVID-19 derailed the global economy and wiped out 21 million domestic jobs, according to the initial estimate from the Bureau of Economic Analysis.

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