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Use the table to answer the question.

2021 2022
Quarter GDP % Change Quarter GDP % Change
1 6.3 1 −1.6

2 6.7 2 −0.6

3 2.3 3 0.3
4 6.9 4 −0.5

Considering the table data, which of the following best analyzes an economic trend in the United States?

(1 point)
Responses

In 2021, the U.S. economy decreased as the change in quarter 3 was 2.3 percent.
In 2021, the U.S. economy decreased as the change in quarter 3 was 2.3 percent.

In 2022, the U.S. economy had an increase in GDP percentage change in the third quarter.
In 2022, the U.S. economy had an increase in GDP percentage change in the third quarter.

In 2022, the U.S. economy was decreasing as the percentage change in GDP decreased.
In 2022, the U.S. economy was decreasing as the percentage change in GDP decreased.

From 2021 to 2022, the trend in the U.S. economy was that of economic growth.
From 2021 to 2022, the trend in the U.S. economy was that of economic growth.
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1 answer

To analyze the economic trend in the United States using the provided GDP percentage change data for 2021 and 2022, we can break it down as follows:

In 2021, the GDP percentage changes are:

  • Q1: 6.3%
  • Q2: 6.7%
  • Q3: 2.3%
  • Q4: 6.9%

These indicate significant growth throughout the year, especially in the first two quarters.

In 2022, the GDP percentage changes are:

  • Q1: -1.6%
  • Q2: -0.6%
  • Q3: 0.3%
  • Q4: -0.5%

This data shows that the U.S. economy experienced a decline in the first two quarters, with negative growth, indicating a slowdown. Although there was a slight positive change in Q3 at 0.3%, the overall trend for 2022 is negative.

Considering all of this, the most fitting analysis from the response options is:

In 2022, the U.S. economy was decreasing as the percentage change in GDP decreased.

This response accurately reflects the declining GDP trends observed in 2022 compared to the growth in 2021.