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Recordkrimp for the U.s. economy, down from 32,9 per cent on an annual basis

with The U.s. economy in the second quarter to an annual rate of 32,9 percent, pre-shrunk, show Thursday, according to new figures from the U.s. department of C

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Recordkrimp for the U.s. economy, down from 32,9 per cent on an annual basis

with The U.s. economy in the second quarter to an annual rate of 32,9 percent, pre-shrunk, show Thursday, according to new figures from the U.s. department of Commerce. The more of 32.9 per cent, the biggest contraction since 1945, when the government, the numbers began to keep track of. In the US, has been severely affected by the coronacrisis, the country has the highest number of infections and the death of coronapatiënten in the world.

The figures follow a fall of almost 5 per cent year on year in the first quarter of the year. Compared to the first quarter, the economy between april and June, with a 9.5 per cent decline.

Still, the economic contraction will be less analysts ' expectations. They came out of a 34.1 percent of the time. The main reason is the significant drop in consumer spending. They offered to 34.6 per cent less than in the second quarter of 2019. Consumer spending has always been a good two-thirds of the economic activity in the united states.

The contraction in following months, during which time the Us economy has for the most part, closed, so that the spread of the corona virus from entering the system. Because of the many, many shops and restaurants, and dichtgingen, it was a record number of Americans have been fired. There were more Americans will be unemployed than during the crisis years of the thirties.

in the Meantime, the economy of the united states, as well as in many other countries, it slowly started up. In spite of a slight recovery, reduced the number of applications for unemployment benefits last week, up to 1,43 million. It was the second week in a row in which the number of applicants has grown. In the period before that it was just a four-month-long decline.

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