COVID-19 savages U.S. economy, 2020 performance worst in 74 years

The U.S. economy contracted at its deepest pace since World War Two in 2020 as the COVID-19 pandemic depressed consumer spending and business investment, pushing millions of Americans out of work and into poverty. Though a recovery is underway, momentum slowed significantly as the year wound down amid a resurgence in coronavirus infections and exhaustion …

The post COVID-19 savages U.S. economy, 2020 performance worst in 74 years first appeared on Hellenic Shipping News Worldwide.

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