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Economy

elleng

(136,191 posts) Thu Jan 27, 2022, 03:35 PM Jan 2022

capping off the largest one-year jump since 1984. For the full year, the economic expansion was 5.7%.

https://www.nytimes.com/live/2022/01/27/business/stock-market-economy-news?

2 replies

= new reply since forum marked as read

Highlight:

The U.S. economy grew 1.7% in the fourth quarter, (Original Post) elleng Jan 2022 OP

Which translates to an annual rate of 6.9%. Staggering growth. unblock Jan 2022 #1

(54,160 posts)

1. Which translates to an annual rate of 6.9%. Staggering growth.

Thu Jan 27, 2022, 03:42 PM

Jan 2022

A bit of inflation and supply chain issues are no surprise given that level of growth.

(11,463 posts)

2. 👆 Yup ✅ Thanks VERY MUCH for clarifying that. Bizarre headline, I've never seen

Thu Jan 27, 2022, 06:10 PM

Jan 2022

a non-annualized GDP rate be headlined before. Never. Now the so-called "paper of record" does it, for chrissake.