Economic growth slowed dramatically to 2% annual rate in third quarter

Published



Gross domestic product grew at a 2% annual rate in the third quarter of 2021, the Bureau of Economic Analysis announced on Thursday morning.

The growth was slower than forecasters expected and was well below the 6.7% pace of growth that the economy experienced in the second quarter of this year. GDP grew at a 6.3% annual rate during the first quarter.

Full midterm coverage.Deeper analysis.

Get unlimited access to Washington Examiner's reporting, expert analysis, and coverage of the midterm elections.

Get Unlimited Access

Cancel anytime.