The Commerce Department’s final estimate is nearly in line with the first estimate.
U.S. GDP growth in the fourth quarter of 2021 was 6.9%, according to the third and final estimate released Wednesday by the Commerce Department, which does not change growth for the whole of 2021.
This quarterly growth, measured at an annualized rate, is in line with the first estimate, but the figure was then revised slightly upwards, to 7%, during the second estimate.
The annualized rate, a measure favored by the United States, compares GDP to the previous quarter and then projects the evolution over the entire year at this rate.
Growth remains unchanged, at +1.7%, compared to the previous quarter, as do other major economies, such as France.
This revision has no influence on annual growth, which remains at 5.7%, the strongest recorded since 1984, and comes following a contraction of 3.5% in 2020, the largest decline recorded since 1946. , because of the crisis caused by the Covid-19.
