U.S. Economy Suffers Historic Slowdown Amid Pandemic
Coming on the heels of the first contraction after 23 consecutive quarters of growth, the U.S. economy suffered its steepest decline on record in the second quarter of 2020. According to preliminary estimates published by the Bureau of Economic Analysis today, real GDP declined by a historic 32.9 percent at an annualized rate in the three months ended June […]
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