Gross Domestic Product, 2nd Quarter 2020 (Advance Estimate) and Annual Update
Q2 2020 (Adv)
|
-32.9%
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Q1 2020 (3rd)
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-5.0%
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Real gross domestic product (GDP) decreased at an annual rate of 32.9 percent in the second quarter of 2020, according to the “advance” estimate released by the Bureau of Economic Analysis. In the first quarter of 2020, real GDP decreased 5.0 percent.