Coronavirus: US economy sees sharpest contraction in decades (BBC)

BBC: Coronavirus: US economy sees sharpest contraction in decades. “The US economy shrank by a 32.9% annual rate in the April-to-June quarter as the country grappled with cut backs in spending during the pandemic. It was the deepest decline since the government began keeping records in 1947 and three times more severe than the prior record of 10% set in 1958.”

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