WASHINGTON — The U.S. economy grew last year at the fastest pace since Ronald Reagan’s presidency, bouncing back with resilience from 2020’s brief but devastating coronavirus recession. The nation’s gross domestic product — its total output of goods and services — expanded 5.7% in 2021. It was the strongest calendar-year growth since a 7.2% surge in 1984 after a previous recession.

BING NEWS:
  • US concern about China’s overcapacity is a non-issue, just like in 2009
    The narrative around Chinese overcapacity sounds similar to that during the global financial crisis when, as a result of its massive stimulus package, China became the world’s largest exporter amid ...
    05/2/2024 - 12:18 am | View Link
  • Oil prices rebound after closing at seven-week low
    Oil prices rose on Thursday, rebounding from three days of losses that took prices to their lowest since mid-March. Brent crude futures for July gained 79 cents, or ...
    05/1/2024 - 11:30 pm | View Link
  • Oil prices rebound on hopes US will replenish strategic reserve
    Oil prices rose on Thursday, rebounding from three days of losses, on expectations the lower levels may prompt the U.S., the world's biggest ...
    05/1/2024 - 8:15 pm | View Link
  • South Doing All The Work In Europe’s Upside-Down Recovery
    The eurozone economy had a stronger-than-expected return to growth at the start of the year as inflation cooled, a sign that the currency area is starting to recover from the damage done by Russia’s ...
    04/30/2024 - 1:33 am | View Link
  • German economy skirts recession, helped by construction and exports
    The German economy skirted a recession at the start of the year, growing more than expected thanks to the construction sector and exports, preliminary data showed on Tuesday.
    04/29/2024 - 9:35 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News