The U.S. economy just suffered its worst quarter ever, the Commerce Department said today (July30, 2020), according to the NPR News website.
The gross domestic product -- the broadest measure of economic activity -- shrank 32.9% during April, May, and June.
America's businesses ground to a halt during the last quarter in a desperate effort to slow the spread of the coronavirus.
The numbers continue to paint a grim picture as another 1.43 million people filed for unemployment benefits last week.
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