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US GDP 2021, Fell rapidly in Q3 but expected to gain in Q4
US GDP 2021: The USA economy is temporarily slow down in July to Sep quarter, at the rate of 2.1% according to the top officials of the US government. Meanwhile, the top economist of the US, predict the economic condition and they said that the next quarter of the US economy will raise US GDP by falling COVID cases.
The reason for increasing GDP is the relaxation of COVID restriction, as a result, the economic activity raised in the country and also will increase production of goods and services.
Nowadays, the covid cases raise again and predict that covid restrictions will be imposed by the government again. As a result, we expect that early 2022 will not support the US economy and also US GDP growth.
At the beginning of 2022, the GDP will fall again, production of goods and services will slow down because of the covid restrictions. Meanwhile, the prices will rise and economic problems will arise.
This economic and GDP fall will grow difficulties of US economy, US government and the common people of the US.
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