Medical workers prepare to intubate a patient with coronavirus disease (COVID-19) in the coronavirus disease (COVID-19) intensive care unit of the United Memorial Medical Center in Houston, Texas, USA. June 29, 2020. Callaghan O’Hare | Reuters The increase in coronavirus cases will limit growth in what would be a robust …
Read More »US GDP fell at a rate of 5.0% in the first quarter; worse is likely down the road
WASHINGTON (AP) – The US economy contracted at a rate of 5.0% in the first quarter and much worse performance is expected in the current three-month period, when the coronavirus pandemic began to spread across the US USA The Commerce Department reported Thursday that the decrease in gross domestic product, …
Read More »The US economy contracted at an annualized rate of 5 percent in the first quarter
The US economy contracted at an annualized rate of 5 5 percent in the first quarter of 2020 when the coronavirus pandemic triggered an unprecedented economic collapse, according to data released by the Commerce Department on Thursday. The gross domestic product (GDP) of EE. USA It fell at an annualized …
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