It just took the U.S. economy a couple of months to reel from the repercussions of COVID-19.
As unemployment rates hit all-time highs and businesses scrambled to stay afloat, new data shows that current dollar GDP plummeted between Q1'2020 and Q2'2020 (seasonally adjusted at annual rates) from almost $21.6 trillion to $19.5 trillion.
Infographic by: www.visualcapitalist.com
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