The COVID/Lockdown Recession Is Over

And the recovery is well under way. Real gross domestic product (GDP) increased at an annual rate of 33.1 percent in the third quarter of 2020 (table 1), according to the “advance” estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP decreased 31.4 percent. This is from a news release … Continue reading The COVID/Lockdown Recession Is Over