US GDP Down in Q1 Already on Virus Disruptions

<p>Q1 GDP declined 4.8% from Q4 (annualized rate) Consumer spending posted largest decline since the 1980s recession Q2 data will be much worse Social/physical distancing measures already pushed US GDP sharply lower in Q1 – despite those disruptions only really ramping up in the last couple of weeks of the quarter. But the magnitude of […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/fundamental-analysis/291138-us-gdp-down-in-q1-already-on-virus-disruptions/">US GDP Down in Q1 Already on Virus Disruptions</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>