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US GDP fell at 5% rate in Q1; worse is likely on the way

Byindianadmin

Jun 25, 2020 #Worse
US GDP fell at 5% rate in Q1; worse is likely on the way

(Representative image: AFP)

WASHINGTON: The US economy shrank at 5 per cent rate in the first quarter with a much worse decline expected in the current three-month economic period because of the coronavirus pandemic.

The commerce department reported on Thursday that the decline in the gross dome

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