U.S. economy slows to 2 percent annual growth in 3rd quarter amid Delta surge

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The U.S. economy grew at a slower annual rate in the third quarter of 2021 as the Delta variant of COVID-19 drove an uptick in coronavirus cases.

The Bureau of Economic Analysis said Thursday the economy grew at a 2 percent annual rate from July to September, down from 6.7 percent from the quarter prior, The Washington Post reports. This represented the slowest gain since the second quarter of 2020, which saw GDP plunge 31.2 percent, according to CNBC.

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Brendan Morrow

Brendan worked as a culture writer at The Week from 2018 to 2023, covering the entertainment industry, including film reviews, television recaps, awards season, the box office, major movie franchises and Hollywood gossip. He has written about film and television for outlets including Bloody Disgusting, Showbiz Cheat Sheet, Heavy and The Celebrity Cafe.