US GDP -34% in the Second Quarter…
It is predicted that in the second half of this year, it will be free from the impact of the recession caused by Corona 19. US investment bank Goldman Sachs predicted that the U.S. economy would drop in the second quarter and then rebound from the third quarter.
Goldman Sachs predicted that GDP in the United States would shrink by 9% and 34%, respectively, in the first quarter and second quarter, CNBC reported on the 31st of last month.
The quarterly growth rate of -34% is the lowest since World War II.
However, Goldman Sachs said it would grow 19% in the third quarter. This is because the quarterly growth rate has rapidly changed from the worst to the highest level in the past. The annual growth rate was projected at -6.2%.
US GDP -34% in the Second Quarter - /10