GDP Growth Highest in 37 Years

May 31, 2022

In 2021, U.S. real gross domestic product (GDP) — the value of goods and services produced in the United States — grew by 5.7%, the highest annual rate since 1984. This marked a strong recovery from 2020, when GDP dropped by 3.4%. Real GDP is adjusted for inflation to more accurately compare economic output at different periods. Current-dollar GDP, typically used to measure the overall size of the economy, increased by an even more impressive 10.1%.

gdp-growth-chart

All Securities Through Money Concepts Capital Corp., Member FINRA / SIPC

11440 North Jog Road, Palm Beach Gardens, FL 33418 Phone: 561.472.2000

Copyright 2010 Money Concepts International Inc.

Investments are not FDIC or NCUA Insured

May Lose Value - No Bank or Credit Union Guarantee

This communication is strictly intended for individuals residing in the state(s) of MI. No offers may be made or accepted from any resident outside the specific states referenced.

Prepared by Broadridge Advisor Solutions Copyright 2020.

Elderly couple speaking with a younger woman, likely a professional. Light background.

Navigating Medicare Open Enrollment

By TFC Team • September 29, 2025
When can you change your health insurance plan? How often should you review your current health insurance plan? Who should I contact with any insurance questions?
A Black woman with curly hair smiles at a laptop in a modern office. She wears a suit and striped shirt.

What Happens to Your Time Horizon at Retirement?

By FMC Team • September 29, 2025
Time horizon at retirement: see how goals shift from saving to managing liquidity, sequence-of-returns risk, and long-term sustainability.
A man and woman in a kitchen looking at a laptop together.

Are You Prepared for the High Cost of Dying?

By TFC Team • September 29, 2025
Every wonder how much money you will be able to provide to your beneficiaries if you were to pass away? Do you have enough to cover the expenses and taxes?
Man in suit and hard hat reviews a document in front of shipping containers in a cargo yard.

Services Exports Help Trim Trade Deficit

By TFC Team • September 29, 2025
The chart below shows a breakdown of trade with our six top trading partners.
Show More