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GDP Jumps to 6.9 Percent in Fourth Quarter 2021, Driven by Strong Inventory Growth

Inventories grew at a $173.5 billion annual rate in the fourth quarter. GDP grew at a 6.9 percent annual rate in the fourth quarter, somewhat faster than had generally been expected. However, inventory accumulations were the main factor driving growth….

Inventories grew at a $173.5 billion annual rate in the fourth quarter. GDP grew at a 6.9 percent annual rate in the fourth quarter, somewhat faster than had generally been expected. However, inventory accumulations were the main factor driving growth. Final demand grew at just a 1.9 percent annual rate, as inventories added 4.9 percentage More

The post GDP Jumps to 6.9 Percent in Fourth Quarter 2021, Driven by Strong Inventory Growth appeared first on CounterPunch.org.


This content originally appeared on CounterPunch.org and was authored by Dean Baker.


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Dean Baker | Radio Free (2022-01-31T09:34:52+00:00) GDP Jumps to 6.9 Percent in Fourth Quarter 2021, Driven by Strong Inventory Growth. Retrieved from https://www.radiofree.org/2022/01/31/gdp-jumps-to-6-9-percent-in-fourth-quarter-2021-driven-by-strong-inventory-growth/

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" » GDP Jumps to 6.9 Percent in Fourth Quarter 2021, Driven by Strong Inventory Growth." Dean Baker | Radio Free - Monday January 31, 2022, https://www.radiofree.org/2022/01/31/gdp-jumps-to-6-9-percent-in-fourth-quarter-2021-driven-by-strong-inventory-growth/
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» GDP Jumps to 6.9 Percent in Fourth Quarter 2021, Driven by Strong Inventory Growth | Dean Baker | Radio Free | https://www.radiofree.org/2022/01/31/gdp-jumps-to-6-9-percent-in-fourth-quarter-2021-driven-by-strong-inventory-growth/ |

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