Second-quarter GDP plunges 32.9%, worst decline on record


Second-quarter GDP plunges 32.9%, worst decline on record






The U.S. economy shrank at a dizzying 33% annual rate in the April-June quarter — by far the worst quarterly plunge ever — when the viral outbreak shut down businesses, throwing tens of millions out of work and sending unemployment surging to 14.7%, the government said Thursday.



via FOX BUSINESS NEWS https://ift.tt/3ge6YND Markets

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