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June 2022: Susan's Monthly Newsletter

GDP Growth Highest in 37 Years

In 2021, U.S. real gross domestic product (GDP) — the value of goods and services produced in the United States — grew by 5.7%, the highest annual rate since 1984. This marked a strong recovery from 2020, when GDP dropped by 3.4%. Real GDP is adjusted for inflation to more accurately compare economic output at different periods. Current-dollar GDP, typically used to measure the overall size of the economy, increased by an even more impressive 10.1%.

 

Also in this issue:

  • Should You Consider Tapping the Equity in Your Home? 
  • Preparing for a Natural Disaster
  • Naming a Trusted Contact

To download the complete pdf click here.