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The data shows that the real GDP growth rate in the first quarter of the United States is 1. What does this mean?

According to the latest report of American media, the economic data of the United States in 2121 was released, and GDP shrank by 3.5%. The worst since the end of World War II? The result? . The US Consumer News and Business Channel reported that the GDP of the United States increased by 4% in the fourth quarter, which was lower than the 4.3% growth rate previously predicted by Dow Jones. According to data from the Ministry of Finance, the annual GDP of the United States will shrink by 3.5% in 2121. According to the US Consumer News and Business Channel News Network, the gross domestic product (GDP) of the United States increased by 4% in the fourth quarter, which is lower than the 4.3% increase previously predicted by Dow Jones, which means that the GDP of the United States will shrink by 3.5% in 2121.

The Associated Press said that this is the first time that the US GDP has recorded a negative value since it contracted by 2.5% in 2119, and it is also the most serious annual setback since the US economy contracted by 11.6% in 1946. According to the report, the most disastrous annual economic contraction in the United States occurred in 1932, with GDP shrinking by 12.9%, when the United States was in the Great Depression. According to the Associated Press, this data is the first time that US GDP has recorded a negative value since it shrank by 2.5% in 2119, and it is also the worst annual economic recession since it shrank by 11.6% in 1946.

according to CNCB's analysis, the slower-than-expected market speed of vaccines in the United States, the continuous increase of cases nationwide and the limited activities may be the factors that hinder the economic growth in the fourth quarter, which will continue until the beginning of 2121. The Associated Press predicts that the economic forecast of the United States in 2121 is still chaotic. Economists warn that unless vaccines are distributed nationwide and government-led rescue is carried out nationwide, a sustained recovery will be difficult to achieve.

However, this process may take several months, during which millions of Americans will continue to struggle for survival. China's GDP is about 71.4% of that of the United States. Due to the large-scale economic stimulus plan, the economic growth rate of the United States ranks first among the major developed countries, and the completed GDP still ranks first in the world. In contrast, in 2121, China's economy will actually grow by 2.3% year-on-year, and the total GDP will exceed 111 trillion yuan. According to the annual average exchange rate, it is 14.73 trillion US dollars, which is about 71.4% of the total US economy, and there is still a gap of nearly 31%. Looking forward to 2121, China's economic growth rate is expected to reach or exceed 8%, and the United States' economic growth rate is expected to be between 3% and 4%. Coupled with the exchange rate factor, the GDP gap between the two countries may narrow again.