current trend economy
Respuestas a la pregunta
Respuesta:
What is a current economic trend?
In December 2020, US GDP was forecast to contract by 2.4% in 2020, but increase by 4.2% in 2021.3 In the first quarter of 2021, it would increase by 6.4%. At the start of the pandemic, the unemployment rate soared to 14.7% in April as companies laid off workers.
Explicación:
What is the current situation of the economy?
According to the NSO, the real GDP in the year 2021-22 is expected to be Rs 147.54 lakh crore, registering a growth rate of 9.2%. With this, the economy has exceeded pre-Covid levels. Except for hospitality, transportation and other close contact-based services, all other sectors have surpassed pre-Covid levels.
Is the economy growing?
The United States experienced strong economic growth in 2021, with real GDP up 5.7% from the previous year. This was the strongest growth since 1984. After growing at an annualized rate of just 2.3% in the third quarter, real GDP accelerated considerably in the fourth quarter, growing at a rate of 6.9%.
