Thursday, July 30, 2020

U.S. economy shrank at fastest pace on record last quarter

HEALTH-CORONAVIRUS/FACTORY-STAFFING

The U.S. economy contracted at its steepest pace since the Great Depression in the second quarter, as the COVID-19 pandemic shattered consumer and business spending, and a nascent recovery is under threat from a resurgence in new coronavirus cases.



source https://www.cbc.ca/news/business/us-gdp-economy-1.5668589?cmp=rss

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