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U.S. Economy Crushed by COVID-19 in Second Quarter

By Lucia Mutikani WASHINGTON, July 30 (Reuters) – The U.S. economy suffered its biggest blow since the Great Depression in the second quarter as the COVID-19 pandemic shattered consumer and business spending, and a nascent recovery is under threat from a resurgence in new cases of coronavirus. The bulk of the deepest contraction in at […]

WP_Post Object ( [ID] => 228332 [post_author] => 4 [post_date] => 2020-07-30 17:55:26 [post_date_gmt] => 2020-07-30 17:55:26 [post_content] => port of los angelesBy Lucia Mutikani WASHINGTON, July 30 (Reuters) – The U.S. economy suffered its biggest blow since the Great Depression in the second quarter as the COVID-19 pandemic shattered consumer and business spending, and a nascent recovery is under threat from a resurgence in new cases of coronavirus. The bulk of the deepest contraction in at […] [post_title] => U.S. Economy Crushed by COVID-19 in Second Quarter [post_excerpt] => By Lucia Mutikani WASHINGTON, July 30 (Reuters) – The U.S. economy suffered its biggest blow since the Great Depression in the second quarter as the COVID-19 pandemic shattered consumer and business spending, and a nascent recovery is under threa... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => u-s-economy-crushed-by-covid-19-in-second-quarter [to_ping] => [pinged] => [post_modified] => 2020-07-30 17:55:26 [post_modified_gmt] => 2020-07-30 17:55:26 [post_content_filtered] => [post_parent] => 0 [guid] => https://gcaptain.com/?p=141423 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )