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US GDP shrank 4.8% in 2020 Q1

By: clo in ALEA | Recommend this post (0)
Wed, 29 Apr 20 3:37 PM | 22 view(s)
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and that's the 'good news'.

Even so, most of the quarter came before the coronavirus pandemic forced widespread shutdowns and layoffs. Economists expect figures from the current quarter to show G.D.P. contracting at an annual rate of 30 percent or more.

http://www.nytimes.com/2020/04/29/business/stock-market-today-coronavirus.html?campaign_id=60&emc=edit_na_20200429&instance_id=0&nl=breaking-news&ref=cta®i_id=16112385&segment_id=26205&user_id=75ee940ebe2fd3e9d0a6bb93cf283302




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