BEA 21-47
Scheduled Date
September 30 08:30:am
Release Title
Gross Domestic Product, (Third Estimate), GDP by Industry, and Corporate Profits (Revised), 2nd Quarter 2021
2nd quarter 2020 (3rd)
|
-31.4%
|
1st quarter 2020
|
-5.0%
|
Real gross domestic product (GDP) decreased at an annual rate of 31.4 percent in the second quarter of 2020, according to the “third” estimate released by the Bureau of Economic Analysis. The change was 0.3 percentage point higher than the “second” estimate released in August. In the first quarter of 2020, real GDP decreased 5.0 percent.