Historic economic downturn in the United States

In the United States, economic activity in the second quarter slumped as never before as a result of the corona virus pandemic. According to the Ministry of Commerce, the gross domestic product shrank by 32.9 percent annually. The corona crisis triggered an unprecedented economic downturn in the United States. The gross domestic product fell by 32.9 percent from April to June, as the Department of Commerce in Washington announced in a first estimate. Source: Tagesschau.de The exchange rate of the euro against the US dollar is now rising to over 1.18

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