· US gross domestic product fell at a record 33% annualized rate in the first quarter, according to Commerce Department figures released Thursday.
· Economists had forecast a 35% GDP contraction, reflecting a multi-month period where the US was under lockdown to contain the spread of the coronavirus.
· While activity...
US GDP plunged by a record 33% in the 2nd quarter as coronavirus lockdowns raged
Business Insider
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