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Re: US GDP shrank 4.8% in 2020 Q1

By: clo in ALEA | Recommend this post (0)
Wed, 29 Apr 20 3:51 PM | 38 view(s)
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Msg. 35930 of 54959
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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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The above is a reply to the following message:
US GDP shrank 4.8% in 2020 Q1
By: clo
in ALEA
Wed, 29 Apr 20 3:37 PM
Msg. 35929 of 54959

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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