Latest data – largest quarterly output decline in recorded US history – but Europe is worse
Bill Mitchell - billy blog » Eurozone 2020-08-03
Summary:
The US Bureau of Economic Analysis (BEA) released the – Gross Domestic Product, Second Quarter 2020 (Advance Estimate) – data last week (July 30, 2020). It shows that the US economy has declined by 9.49 per cent between the March-…