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.