Welcome to the FIA News & Insights, a one-stop resource that includes insights from senior investment professionals on timely market events, their views on the economy and their respective markets. Find updates on the latest media information on Frost Investment Advisors, LLC and the most recent reprints, as well as, archival information for your reference.
Strongest Annual GDP Growth Since 1984
Growth for 2021 was reported at 5.7%, the fastest rate since 1984, driven by a strong inventory rebuild in the second half of the year. The most recent revision of fourth quarter GDP by the Commerce Department came in at 7%, in line with market estimates. The change was the result of increased contributions from fixed investment and state and local government spending.
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