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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%.

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