Delta Variant, Shortages Severely Restrict U.S. Economic Growth in Third Quarter

Reuters (10/28/21) Mutikani, Lucia The U.S. economy experienced its slowest growth in over a year in the third quarter, with Gross Domestic Product (GDP) rising at a 2.0% annualized rate, attributed to rising Covid-19 infections impacting global supply chains and causing shortages of goods, which dampened consumer spending. This marks a significant deceleration from the […]