q2 2020

The Latest

  • U.S. GDP Falls A Record 31.4% In Second Quarter On Coronavirus Effects
    American shoppers
    Both consumer and business spending, which account for about three quarters of gross domestic product, fell in the second quarter.
  • Bank of England Estimates 9.5% Drop in UK GDP For 2020
     Bank of England
    Central bank's more optimistic view contrasts with estimates from forecasters who continue to predict a slower recovery that may take several years.