U.S. Suffers Worst-Ever 32.9% Annualized GDP Decline in Q2
Jul 30, 2020
1 minute
The U.S. economy plunged 32.9% at an annual rate in the second quarter to record the steepest drop in American history.
On a non-annualized basis, GDP fell 9.5%. Although activity began to recover somewhat in mid-May, economists say the latest reading
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