The Economy Is Surging. These 4 Things Will Determine What Happens Next
by David Gura
Jul 29, 2021
3 minutes
The U.S. economy likely grew at a blistering pace as the country emerged from the darkest days of the coronavirus pandemic. The question now is what happens next, especially as the delta variant continues to spread.
On Thursday morning, the Commerce Department is expected to report that gross domestic product grew around 8% in the period between April and June from a year earlier as the rollout of vaccines spurred a surge in economic activity.
That would potentially be the second-fastest quarterly growth since 1983, after a 33.4% annualized surge in the
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