The US economy contracted for first time in nearly six years between January and March, as the coronavirus crisis put the world in a choke hold. America’s first-quarter GDP fell at a 4.8% annualized rate, the US Bureau of Economic Analysis reports.

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COVID-19: U.S. economy contracts for first time in nearly six years
By Our ReporterApr 30, 2020, 04:23 am0
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