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.

A family is playing a ring toss game by a lake and mountains. Three rings are flying through the air
July 30, 2025
Don't let a recession disrupt your vacation plans. A staycation might be the perfect solution.
An older and younger woman are walking outside while looking down and smiling.
July 30, 2025
Learn practical tips for having a conversation with your parent(s) about their finances.
July 30, 2025
What is Munis (municipal bond) and are they right for you?
A woman with sunglasses on her head is walking with people passing by in the background.
July 30, 2025
Families still believe a college degree will help further their careers. Find out what the leading factors are with selecting a college.
Show More