Breaking: U.S. Economy Grows 6.5 Percent in Second Quarter, Surpassing Pre-Pandemic Level

The U.S. economy grew by 6.5 percent during the second quarter of 2021, surpassing pre-pandemic growth levels for the first time, the Commerce Department said on Thursday.

While the economy has grown beyond its size before the coronavirus pandemic, growth in the second quarter fell short of expectations. Economists had projected growth of about 8.5 percent, in interviews with the Wall Street Journal and Reuters.

Further impediments to growth include rising inflation and supply-chain shortages, including a shortage of computer chips. Additionally, many unemployed Americans have not yet returned to the workforce.

U.S. Economy Grows 6.5 Percent in Second Quarter, Surpassing Pre-Pandemic Level Growth fell slightly short of economists’ ... READ MORE ADVERTISEMENT Follow Us & Share 19 West 44th Street, Suite 1701, New York, NY, 10036, USA Your Preferences | Unsubscribe | Privacy View this e-mail in your browser.