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Bangkok Post
Bangkok Post
World

DARK SECRETS: Us economy grows 5 7 | Rare Historical Photos

LaGuardia Airport is seen in the background of the Chrysler Building from the 86th floor observatory of the Empire State Building in New York on January 18, 2022. (Photo: AFP)

The United States economy expanded 5.7% in 2021, marking the best one-year performance since 1984 and underscoring the recovery from a coronavirus pandemic-induced economic downturn, data from the Commerce Department showed Thursday.

In the October to December quarter, the economy grew an annualised real 6.9% from the preceding quarter. The growth in terms of inflation-adjusted gross domestic product exceeded the average market forecast of 5.5%.

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