Solid 4th Quarter Leads to 2.1% GDP Growth for 2022

Michael Busler
3 min readJan 26

Solid GDP growth in 2022 but a recession likely in 2023.

GDP growth in the fourth quarter of 2022 was just reported to be 2.9%. That’s down slightly from the 3.2% growth in the third quarter. Since growth was negative in the first two quarters of 2022, growth for the entire year was 2.1%. That’s down significantly from the 5.7% gross domestic product growth rate in 2021.

Michael Busler

Dr. Busler is an economist and a public policy analyst. He is a Professor of Finance at Stockton University. His op-ed columns appear in Townhall, Newsmax.