First Quarter GDP Unchanged, But What Happened In April?
By Rick Davis, Consumer Metrics InstituteIn their second estimate of the US GDP for the first quarter of 2021, the Bureau of Economic Analysis (BEA) reported that the US economy was growing at a +6.40% annual rate, essentially unchanged (up 0.01 percentage points (pp) from their previous estimate) and up 2.08pp from the prior quarter.
Source: econintersect.com