Open Demo Account
Home / Market Update / US Real GDP Contracts by 31.4% in Q2

US Real GDP Contracts by 31.4% in Q2

Adel 30 September, 2020 5:23 pm Market Update

The United States’ Real Gross Domestic Product (GDP) contracted at an annual rate of 31.4% in the second quarter, the US Bureau of Economic Analysis’ final (third) estimate showed on Wednesday. This reading came in slightly better than the previous estimate and the market expectation of -31.7%.

Tags

Check Also

Dollar Dips as Stock Surge and Fed Hints at Rate Cut Loom

The US Dollar retreated from its near-monthly peak on May 9, 2025, as a wave …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends