United States: In the third quarter, the US economy grew by 2.0 percent on an annualised basis, owing to a Delta surge. The US economy expanded at an annual rate of 2.0 percent in the third quarter, following a 6.7 percent expansion in the second quarter, thanks to the Delta variant-fueled Covid-19 surge, according to the Commerce Department.

According to reports from the Department's Bureau of Economic Analysis, "the increase in third quarter GDP reflected the continued economic impact of the Covid-19 pandemic," according to an advance estimate released on Thursday. In some parts of the country, a resurgence of Covid-19 cases has resulted in new restrictions and delays in the reopening of establishments," according to the bureau.

according to the Commerce Department, The US economy grew at an annual rate of 2.0 percent in the third quarter, following a 6.7 percent expansion in the second quarter, thanks to the Delta variant-fueled Covid-19 surge. According to reports from the Department's Bureau of Economic Analysis, "the increase in third quarter GDP reflected the continued economic impact of the Covid-19 pandemic," according to an advance estimate released on Thursday. In some parts of the country, a resurgence of Covid-19 cases has resulted in new restrictions and delays in the reopening of establishments," according to the bureau.

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