Economy grew at 6.4% rate in first quarter as US emerges from pandemic

Published April 29, 2021 12:00am ET



The economy just experienced the second-largest quarterly growth IN 18 years as vaccinations continue and consumers begin to spend more.

U.S. gross domestic product grew at a 6.4% annual rate in the first quarter of 2021, the Bureau of Economic Analysis announced on Thursday morning. The growth was a bit short of expectations but shows that economic growth is moving in the right direction.

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