Euro zone GDP plunged by a record 12.1% in the second quarter
The euro zone economy contracted by 12.1% in the second quarter of 2020, compared to the first three months of the year, according to preliminary data from ...Continue reading on CNBC
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Eurozone GDP shrinks at the fastest rate in history, losing 12.1% in ...
Eurozone GDP fell by 12.1% in the second quarter, its biggest decline in history. This is significantly higher than the Eurozone's Q1's GDP cont...Continue reading
How Bad Was Second Quarter GDP, Really?
Two different Q2 GDP figures blared from headlines on Thursday. Both were terrible, but one was markedly less bad. Which was correct, and why were they ...Continue reading
Europe's economy suffers record 11.9% slump in GDP - CNN
Europe's economy shrank by 11.9% in the second quarter as the coronavirus pandemic plunged the region into a deep recession.Continue reading
This quarter's Gross Domestic Product numbers could be the worst on record. But what do they mean, exactly?Continue reading
Asian markets fall after grim U.S. GDP data
Asian shares tumbled Friday as reports showed layoffs of American workers are persisting at high levels after the U.S. economy contracted at a nearly 33%...Continue reading
The Big U.S. GDP Crash Reverses Economic Growth Of Last 11 Years
The U.S. economy shrank by 32.9 percent in the second quarter, the biggest drop in the gross domestic product since the government began tracking it in 1947.Continue reading
The GDP Saw An Enormous Drop Last Quarter. Does That Mean We ...
Did the GDP really fall by a third in Q2 of 2020? Here's how to understand what's happening to the economy in context.Continue reading
Record Low for U.S. G.D.P. as Coronavirus Takes Huge Toll
The second-quarter contraction set a grim record, and it would have been worse without government aid that is expiring.Continue reading
U.S. economy contracted at fastest quarterly rate on record from ...
The U.S. economy shrank by a stunning 9.5 percent from April through June, a historic contraction and a stinging reminder of how much was lost in such a short ...Continue reading
G.D.P., Election Day, Anglerfish: Your Thursday Evening Briefing
Here's what you need to know at the end of the day.Continue reading
GDP Hits Record Low; Unemployment Claims Rise; Treasury Yields ...
U.S. GDP: The BEA released its initial report on GDP for the second quarter, revealing the largest quarterly drop since 1958.Continue reading
10-year Treasury yield sinks to lowest since March after GDP ...
U.S. Treasury yields fall on Thursday as an official snapshot of U.S. growth in the second quarter of this year confirmed the economic devastation caused by...Continue reading
Government revisions show slightly slower 2019 GDP growth
WASHINGTON (AP) — The government says the U.S economy grew a bit more slowly last year than it had previously estimated and slightly faster in 2018.Continue reading
GDP report: Coronavirus-induced fall is one for history books
Economic output fell 32.9% in the second quarter, more than at any time since the Great Depression.Continue reading
GDP Plunged At A 32.9% Rate: Here's Why It Matters
The Commerce Department's initial estimate of U.S. gross domestic product (GDP) in the second quarter was, in a word, historic. The value of all goods and ...Continue reading
Second-quarter GDP plunged by worst-ever 32.9% amid virus ...
Neither the Great Depression nor the Great Recession nor any other slump over the past two centuries have ever caused such a sharp drain on the economy.Continue reading
German GDP slumps by most since 1970 in the second quarter
Germany recorded its worst deterioration in the economy in the second quarter since 1970, according to statistics released on Thursday. German gross domestic ...Continue reading
New GDP Numbers Put Pressure On Congress For $1200 Stimulus
The Bureau of Economic Analysis (BEA) just released its advance estimate for real gross domestic product (GDP) in the second quarter: a -32.9% decline.Continue reading
An Inside Look at the GDP Q2 Advance Estimate
The accompanying chart is a way to visualize real GDP change since 2007 and uses stacked column chart to segment the four major components of GDP with a ...Continue reading
Did a third of the economy really vanish in just three months?
The Commerce Department opened today's announcement of second-quarter economic growth with an eyeball-blistering observation: “Real gross domestic ...Continue reading
3 Months Of Hell: U.S. Economy Drops 32.9% In Worst GDP Report ...
The coronavirus triggered the sharpest economic contraction in modern history in the second quarter as the pandemic hammered the economy, the Commerce ...Continue reading
GDP Down 9.5%; US Economy at Its Worst: Live Market Updates
The U.S. economy's contraction in the second quarter was the worst on record. Copied to clipboard. Economic output fell at its fastest pace on record last spring ...Continue reading
US economy suffers worst quarter since the second world war as ...
Drop in quarterly gross domestic product comes as 1.43 million people file for unemployment benefits, a second week of increases, amid Covid-19 pandemic.Continue reading
US GDP contracted by a record-shattering 32.9% pace last quarter
The figure reflects how the pandemic shut down large swaths of the economy.Continue reading