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U.S. economy falls short of expectations, only makes a 2% comeback

(KYMA, KECY/ CNN) - The Bureau of Economic Analysis reports the economy grew at an annualized rate of just 2% in the third quarter of the year.

That's short of the 2.7% economists had predicted.

It's also a massive step down from the 6.7% the economy grew in the spring. Experts say the slowdown is due to the Covid Delta Variant, supply chain woes, worker shortages and inflation.

Article Topic Follows: Business

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Cole Johnson

Cole Johnson is News 11’s Sports Director.

Contact Cole at cole.johnson@kecytv.com.

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