GDP Rose 6.9% in Q4

Washington, DC, January 27, 2022-Real gross domestic product (GDP) increased at an annual rate of 6.9% in Q4 2021, according to the advance estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 2.3%.

The GDP estimate released today is based on source data that are incomplete or subject to further revision by the source agency. The second estimate for the fourth quarter, based on more complete data, will be released on February 24.