Transcription of Gross Domestic Product, Fourth Quarter and Year 2021 ...
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Gross Domestic Product, Fourth Quarter and Year 2021 ...
EMBARGOED UNTIL RELEASE AT 8:30 EST, THURSDAY, FEBRUARY 24, 2022 BEA 22-05. Technical: Karl Rohrer (GDP) (301) 278-9083 Media: Jeannine Aversa (301) 278-9003 Gross Domestic Product, Fourth Quarter and Year 2021. (Second Estimate). Real Gross Domestic product (GDP) increased at an annual rate of percent in the Fourth Quarter of 2021 (table 1), according to the "second" estimate released by the Bureau of Economic Analysis. In the third Quarter , real GDP increased percent. The GDP estimate released today is based on more complete source data than were available for the "advance" estimate issued last month. In the advance estimate, the increase in real GDP was percent.
Real gross domestic product (GDP) increased at an annual rate of 7.0 percent in the fourth quarter of 2021 (table 1), according to the "second" estimate released by the Bureau of Economic Analysis. ... Definitions Gross domestic product (GDP), or value added, is the value of the goods and services produced by the nation’s
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