The US economy is off to a good start in 2021, with GDP growing at an annualized rate of 6.4% during the first three months of the year. With a majority of American consumers feeling confident about economic conditions in the United States and starting to spend the $4.1 trillion they saved during the pandemic lockdowns, the US economy is expected to enjoy its best year of growth since 1951, according to some analysts. The US economy is forecast to grow at an incredible annualized rate of 13% during the second quarter of 2021 (April, May and June) and have an overall GDP growth rate of around 7.5% for the year. Americans were purchasing cars and other goods in the first three months of the year, but strong spending on services is expected to sustain healthy economic growth during 2021 and into 2022 as more people dine in restaurants and travel. The economic expansion during the first three months of 2021 was boosted by the $600 and $1400 stimulus checks that most Americans received from the US Government. Consumers took that extra money and bought cars, appliances, furniture and other goods. To read more, click here!