GDP, or gross domestic product, tells us how much the economy grew in the previous quarter. There's fears that the economy contracted for a second quarter in a row.
Georgia’s economy will bounce back from the coronavirus pandemic next year, despite inflation and the latest COVID-19 variant, the dean of the business school at the University of Georgia predicted Monday.
The U.S. economy grew 6.5% pace in the April-June quarter, continuing to strengthen from the worst of the pandemic. A slowdown is inevitable; the question is how much it will slow.