Economics Explained

Name: How the U.S. Economy Just Lost 33% of Its Value
Duration: 18 min 50 s

S1, EP62 "How the U.S. Economy Just Lost 33% of Its Value"

On July 30, 2020, the U.S. Bureau of Economic Analysis releases its Q2 GDP report, revealing a sharp 32.9% contraction in April-June GDP growth, surpassing the 2008 subprime crisis's peak 8% drop.