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Menu This is the best period to start a business in US. The US economy bounced back with a record yet temporary surge of growth in the third quarter as businesses reopened and stimulus cash powered consumer spending reversing much of the collapse stemming from coronavirus lockdowns. Just as the second-quarter plunge in output was the biggest in seven decades of data, so too was the third-quarter recovery: Gross domestic product grew 7.4%, a quarterly gain that equals an annualised pace of 33.1%, the Commerce Department’s initial estimate.
The figure topped economists’ estimates for a 32% increase, which was already well above forecasts three months ago for an 18% gain. Personal spending fuelled the surge in growth, climbing an annualised 40.7%, also a record, while business investment and housing also posted strong increases.
You will get all the information you need in the following link: https://www.usa.gov/start-business
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