U.S. GDP slowed sharply in Q3 but big rebound expected in Q4

Martin Crutsinger

11/24/2021

Economy GDP — U.S. GDP growth slowed to a modest annual rate of 2.1% in the July-September period. / AP FILE PHOTO/LYNNE SLADKY

WASHINGTON (AP) – The United States economy slowed to a modest annual rate of 2.1% in the July-September quarter according to the government’s second read of the data, slightly better than its first estimate. But economists are predicting a solid rebound in the current quarter as long as rising inflation and a recent uptick in…