The United States economy grew 2.1% in 2022, confirmed the Bureau of Economic Analysis (BEA), after the publication this Thursday of the final calculation on the Gross Domestic Product (GDP).
The agency did not change, therefore, the estimated growth of last year, although it did reduce that of the fourth quarter by one tenth compared to the third, from the estimated 0.7 to the confirmed 0.6.
It also modified its estimate of the annual growth rate in the fourth quarter, which placed it at 2.6, one tenth less than what was calculated in the second estimate and three tenths less than the initial data calculated, a revision that reflects “downward revisions to exports and consumer spending”, notes the BEA.
The agency makes three estimates of GDP and the one published this Thursday is the final one.
These data are given, recalls the BEA, in a context of “moderate inflation, low unemployment, continued uncertainties in the supply chain, and rising interest rates.”
Although with growth much lower than that registered in 2021 (5.9%), the United States thus closes the year with 2.1% annual growth and leaves behind, for the moment, the fear of a recession.
Source: EFE
Source: Gestion
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