Home > NFIB Weekly News

Font Adjust: A | A | A
NFIB Weekly News

NFIB Weekly News

NFIB Weekly News Leading the News

US Economy Rose To Pre-Pandemic Level In 2nd Quarter (08/03/2021)

The Wall Street Journal (7/29, Cambon, Subscription Publication) reported that the US gross domestic product grew at a 6.5 percent annual rate in the 2nd quarter, raising the size of the economy to its pre-pandemic level, according to data released by the Department of Commerce on Thursday. The GDP had grown at a 6.3 percent annual rate in the 1st quarter.
The Washington Post (7/29, Siegel, Van Dam) reported that the economy “was officially back and fully recovered from the coronavirus pandemic as of June, although a recent surge in cases could bring new uncertainty.” However, “that doesn’t mean the economy is back to the level it would have been at had the pandemic not happened, because about a year of continued economic growth is missing.” The AP (7/29, Crutsinger) said the economy is “showing sustained strength.”

This website and the articles contained within are provided as a free service to you and for general informational purposes only. Information on this website is not intended to provide legal, accounting, tax or other advice. Please consult your attorney, accountant, or financial or other advisor with regard to your individual situation. We also make no warranty or representation regarding, and do not endorse, any linked websites or the information appearing there.
© 2025 Small Business Resources.