MoneyBusiness

Actions

Economy grew 6.4% last quarter as US recovery from pandemic accelerates

Consumer spending
Posted
and last updated

WASHINGTON — The U.S. economy grew at a brisk 6.4% annual rate last quarter — a show of strength fueled by government aid and declining viral cases that could drive further gains as the nation rebounds with unusual speed from the pandemic recession.

Thursday’s report from the Commerce Department estimated that the nation’s gross domestic product — its total output of goods and services — accelerated in the January-March quarter from a 4.3% annual gain in the final quarter of 2020.

Growth in the current April-June period is expected to be faster still, potentially reaching a 10% annual pace or more, powered by an increase in people willing and able to travel, shop, dine out and otherwise resume their spending habits.

,

Weather

Daily Forecast

View Hourly Forecast

Day

Conditions

HI / LO

Precip

Wednesday

05/06/2026

Sunny

81° / 59°

2%

Thursday

05/07/2026

Sunny

91° / 62°

1%

Friday

05/08/2026

Sunny

92° / 61°

0%

Saturday

05/09/2026

Sunny

92° / 63°

0%

Sunday

05/10/2026

Sunny

97° / 67°

0%

Monday

05/11/2026

Sunny

102° / 70°

0%

Tuesday

05/12/2026

Mostly Sunny

103° / 71°

0%

Wednesday

05/13/2026

Mostly Sunny

97° / 67°

0%