NPR.

This is the indicator from Planet Money.

I'm Stacy Vanick-Smith.

And I'm Adrian Mott.

And today's indicator is 2%.

That was the GDP number that just came out this morning.

Yes, and GDP stands for Gross Domestic Product.

And it's essentially a sum total of all the goods and services the economy produces.

And it is generally seen as kind of the indicator of economic growth.

And 2% is not awesome.

I mean, does this deserve kind of like a Womp Womp trombone?

Yes, I would say if we had to come up with a sound effect for this GDP number, Womp Womp.

But yes, normally 2% growth for the US economy would be pretty solid.

GDP numbers are usually pretty low.

They are in most developed economies, you know, slow and steady growth.

Right now, the economy is bouncing back from a huge shock.

And a lot of businesses and industries were kind of in this deep freeze during quarantine

and lockdown.

So economists were hoping to see an unusually big number, like 6.7%, which we saw last

quarter.

But we did not see anything like that this quarter.

Instead, we saw economic growth slow way down.

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