US economy plunged 31.7% in second quarter
Published
The US economy shrank at an alarming annual rate of 31.7% during the April-June quarter as it struggled under the weight of the pandemic.
Full ArticlePublished
The US economy shrank at an alarming annual rate of 31.7% during the April-June quarter as it struggled under the weight of the pandemic.
Full ArticleGDP shrank 11% at peak of coronavirus crisis as lockdown measures in key sectors took their toll
Sales dropped heavily during lockdown, but reopening of dealerships has fuelled demand
Despite a heavy year-on-year..