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Economics

BEA: Real GDP decreased at 4.8% Annualized Rate in Q1

Note: This is the advance release. Most analysts expect downward revisions as more data become available.From the BEA: Gross Domestic Product, 1st Quarter 2020 (Advance Estimate) Real gross domestic product (GDP) decreased at an annual rate of 4.8 percent in the first quarter of 2020, according to the “advance” estimate…

BEA: Real GDP decreased at 4.8% Annualized Rate in Q1

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