Washington, June 25 (TIWN) The US economy grew at an annual rate of 6.4 per cent in the first quarter of 2021, the Commerce Department reported.

Growth in the gross domestic product, the country's total output of goods and services, was unchanged from two previous estimates, the Commerce Department said Thursday, an acceleration from the 4.3 per cent pace of the fourth quarter.  Economists believe that economic growth has continued to accelerate in the current quarter, which ends this month, as vaccinations become widespread and Americans eager to get outside are being welcomed by newly re-opened businesses. Surging activity from consumers is being fueled in part by nearly USD3 trillion in financial support that the government has approved since December.