1. Massive Fall in US Economic Output – Worst Ever Recorded  VOA News
  2. German economy shrinks 10pc  DAWN.com
  3. US and Europe report record GDP declines due to coronavirus | DW News  DW News
  4. US cannot have real economic recovery as long as pandemic continues: Global Times editorial  Global Times
  5. Germany's economy fared worse than the US economy, but Trump-hating journalists are mangling numbers to convince you otherwise  Washington Examiner
  6. View Full coverage on Google News
Spain, France and Italy suffer double-digit falls in economic output as the pandemic hits jobs and spending.Spain, France and Italy suffer double-digit falls in economic output as the pandemic hits jobs and spending.

Eurozone suffers deepest contraction on record - BBC News

France's economy contracted by a record 13.8 percent in the second quarter under the impact of coronavirus lockdowns, the national statistics institute INSEE said Friday. France's economy contracted by a record 13.8 percent in the second quarter under the impact of coronavirus lockdowns, the national statistics institute INSEE said Friday. 

French economy sees record drop in wake of coronavirus lockdowns

Data released by the Commerce Department Thursday morning will offer just one more reminder of the pain felt earlier this year by millions of Americans and their businesses as the nation went into lockdown.Data released by the Commerce Department Thursday morning will offer just one more reminder of the pain felt earlier this year by millions of Americans and their businesses as the nation went into lockdown.

GDP second-quarter data worst in decades - The Washington Post

No doubt the Trump administration is going down a wrong path. If the pandemic continues, the team may eventually not get what it wishes. Make adjustment earlier, join hands with China, and the global fight against the COVID-19 will take a new look immediately. This will be good for everyone, and a plus to the Trump administration.

US cannot have real economic recovery as long as pandemic continues: Global Times editorial - Global Times

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Did the GDP really fall by a third in Q2 of 2020? Here's how to understand what's happening to the economy in context.Did the GDP really fall by a third in Q2 of 2020? Here's how to understand what's happening to the economy in context.

Germany’s economy did worse than the U.S. economy last quarter, but liberal journalists are convincing the public otherwise by playing number games.Germany’s economy did worse than the U.S. economy last quarter, but liberal journalists are convincing the public otherwise by playing number games.

Germany's economy fared worse than the US economy, but Trump-hating journalists are mangling numbers to convince you otherwise

Monetary policy and low interest rates won't turn the economy around. More Congressional spending is needed in the face of the economic slowdown cause by surging Covid-19 caseloads.Monetary policy and low interest rates won't turn the economy around. More Congressional spending is needed in the face of the economic slowdown cause by surging Covid-19 caseloads.

The Fed Does Its Part. Congress Must Provide Unemployment And Other Stimulus—Now.

A 12.1 percent plunge in Q2 GDP and mounting concerns about a resurgence of infections point to a long recovery.A 12.1 percent plunge in Q2 GDP and mounting concerns about a resurgence of infections point to a long recovery.

Coronavirus lockdowns plunge Eurozone into a record recession | Coronavirus pandemic News | Al Jazeera

Eurozone GDP fell by 12.1% in the second quarter, its biggest decline in history. This is significantly higher than the Eurozone's Q1's GDP cont... Eurozone GDP fell by 12.1% in the second quarter, its biggest decline in history. This is significantly higher than the Eurozone's Q1's GDP cont...

Eurozone GDP shrinks at the fastest rate in history, losing 12.1% in the second quarter | Markets Insider

The EU Stoxx 50 index may extend declines on disappointing European GDP data after snapping key chart support.The EU Stoxx 50 index may extend declines on disappointing European GDP data after snapping key chart support.

EU Stoxx 50 Index Poised To Extend Declines Ahead of Eurozone GDP Data

MADRID, July 31 ― Spain recorded a historic fall in GDP in the second quarter of the year, with the 18.5 per cent drop wiping out all the post-financial crisis recovery of the last six years, data from National Statistics Institute showed today. The contraction, triggered by one of Europe's...MADRID, July 31 ― Spain recorded a historic fall in GDP in the second quarter of the year, with the 18.5 per cent drop wiping out all the post-financial crisis recovery of the last six years, data from National Statistics Institute showed today. The contraction, triggered by one of Europe's...

Spain enters steep recession, wiping out six years of growth | Money | Malay Mail

Higher-frequency economic indicators paint a picture not of a building recovery, but of a pandemic-stricken economy at risk of flatlining or declining after regaining some ground Higher-frequency economic indicators paint a picture not of a building recovery, but of a pandemic-stricken economy at risk of flatlining or declining after regaining some ground

Ignore GDP. Here’s What Investors Should Watch for Economic Insights During the Pandemic. - Barron's

A coronavirus recession is gripping France, Spain, and the United States. As governments release second quarter annual reports, the countries’ GDP indicate record-breaking lows.A coronavirus recession is gripping France, Spain, and the United States. As governments release second quarter annual reports, the countries’ GDP indicate record-breaking lows.

Coronavirus Recession Takes Hold of US, France, and Spain

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The euro zone’s economy recorded its deepest contraction on record in the second quarter, preliminary estimates showed on Friday, while the bloc’s inflation unexpectedly ticked up in July. In the months from April to June, gross domestic product in the 19-country currency bloc shrank by 12.

Record Decline: Euro Zones GDP Shrank by 14.4% - Novinite.com - Sofia News Agency

WASHINGTON: The US economy suffered its biggest blow since the Great Depression in the second quarter as the Covid-19 pandemic shattered consumer and business spending, and a nascent recovery is under threat from a resurgence in new cases of coronavirus. The bulk of the historic contraction in activity reported by the Commerce Department on Thursday […]

Covid-19 crushes US economy in Q2 - Profit by Pakistan Today

Europe as a whole was hammered by its sharpest rec­orded contraction in the second quarter.Europe as a whole was hammered by its sharpest rec­orded contraction in the second quarter.

World stocks struggle as economies shrink sharply - Newspaper - DAWN.COM

A perfect quarter to look at the absurdity of reporting “annual rates” in the headlines.

No, GDP Didn’t Plunge “32.9%” in Q2, it Plunged a Still Terrible 9.5%: Time to Kill “Annual Rates” | Wolf Street

(Reuters Breakingviews) - Breaking records can be good – but not when they’re for economic disintegration. U.S. GDP crashed at a 33% annualized pace in the three months to June, the Bureau of Economic Analysis said on Thursday. At least the trajectory of America’s economic output is a known unknown: The current quarter is less bad. How much so is anyone’s guess, though. And the Federal Reserve – and especially Congress – can shift the outcome.(Reuters Breakingviews) - Breaking records can be good – but not when they’re for economic disintegration. U.S. GDP crashed at a 33% annualized pace in the three months to June, the Bureau of Economic Analysis said on Thursday. At least the trajectory of America’s economic output is a known unknown: The current quarter is less bad. How much so is anyone’s guess, though. And the Federal Reserve – and especially Congress – can shift the outcome.

Breakingviews - At least U.S. GDP trajectory is a known unknown - Reuters

This is the biggest quarterly drop in 70 years, but it could have been worse This is the biggest quarterly drop in 70 years, but it could have been worse

French economy too went into record contraction in second quarter 2020 | Business – Gulf News

WASHINGTON: The US economy collapsed in the midst of the coronavirus pandemic, suffering the largest decline on record, while hopes for a recovery took another hit as job losses increased, according to government data released Thursday.WASHINGTON: The US economy collapsed in the midst of the coronavirus pandemic, suffering the largest decline on record, while hopes for a recovery took another hit as job losses increased, according to government data released Thursday.

US economy collapsed in Q2 amid pandemic

WASHINGTON (Reuters) -- The U.S. economy contracted at its steepest pace since the Great Depression in the second quarter as the COVID-19 pandemiGDP contracts at 32.9% annualized rate as labor market struggled

US economy shrinks at record pace in second quarter - Nikkei Asian Review

This is the largest fall since the beginning of quarterly GDP calculations by the country in 1970This is the largest fall since the beginning of quarterly GDP calculations by the country in 1970

Coronavirus causes record plunge in Germany's GDP during second quarter of 2020 | Euronews

France suffers worst economic collapse on record due to Covid-19 lockdownFrance suffers worst economic collapse on record due to Covid-19 lockdown

France suffers worst economic collapse on record due to Covid-19 lockdown — RT Business News

The 19-member region as a whole saw a 12.1% contraction in Q2, a hit that could take years to recover from.The 19-member region as a whole saw a 12.1% contraction in Q2, a hit that could take years to recover from.

Europe plunges into a deep recession as COVID-battered economies brace for a second wave – Fortune

Today's numbers highlight many of issues surrounding GDP reporting and estimates. US GDP Down Record 32.9 Percent Earlier today, I noted the US Economy Declines by a Record 32.9 Percent. The economy did not drop by a third. But that is what it looks like when you take quarterly numbers and ...Today's numbers highlight many of issues surrounding GDP reporting and estimates. US GDP Down Record 32.9 Percent Earlier today, I noted the US Economy Declines by a Record 32.9 Percent. The economy did not drop by a third. But that is what it looks like when you take quarterly numbers and ...

US GDP Estimates Proven Useless: It's Time to Replace Them | Forex Factory

It’s not as bad as it looks!It’s not as bad as it looks!

GDP sinks at fastest rate ever in economy racked by Covid-19 - Vox

France's economy contracted by a record 13.8% in the second quarter of 2020 under the impact of  the coronavirus lockdown, according to the national statistics institute INSEE.France's economy contracted by a record 13.8% in the second quarter of 2020 under the impact of  the coronavirus lockdown, according to the national statistics institute INSEE.

French economy plunges by almost 14% as Covid-19 lockdown takes its toll

Four key takeaways from the report on America's coronavirus-hit GDP | US economy | The GuardianThe US has recorded its biggest shrinkage ever and without soon-to-expire government benefits things would be much worse

Four key takeaways from the report on America's coronavirus-hit GDP | US economy | The Guardian

The decline compares with a 9.5 percent quarter-on-quarter drop in the US, which, unlike Europe, has not yet been able to get its contagion numbers firmly down and whose economic recovery is in doubt.The decline compares with a 9.5 percent quarter-on-quarter drop in the US, which, unlike Europe, has not yet been able to get its contagion numbers firmly down and whose economic recovery is in doubt.

Eurozone economy sees deepest contraction on record amid Covid-19 lockdowns

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

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The economy’s collapse in the April-June quarter, stunning in its speed and depth, came as a resurgence of the viral outbreak has pushed businesses to close for a second time in many areas.The economy’s collapse in the April-June quarter, stunning in its speed and depth, came as a resurgence of the viral outbreak has pushed businesses to close for a second time in many areas.

Record US economic plunge, bleak jobs numbers reveal virus toll | World News,The Indian Express

MADRID: Spain plunged into recession in the second quarter after its gross domestic product tumbled by 18.5 percent due to the coronavirus pandemic, official figures showed on Friday. In the first quarter, growth had fallen by 5.2 percent, the Institute of National Statistics said (INE). A recession is commonly defined as two consecutive quarters of a contraction in GDP.MADRID: Spain plunged into recession in the second quarter after its gross domestic product tumbled by 18.5 percent due to the coronavirus pandemic, official figures showed on Friday. In the first

Spain in recession as economy shrinks 18.5% in the second quarter | Arab News

New data shows that output has fallen to levels not seen since the late 19th and early 20th centuries New data shows that output has fallen to levels not seen since the late 19th and early 20th centuries

Coronavirus: Spain’s economy posts historic 18.5% quarterly fall due to coronavirus lockdown | Economy And Business | EL PAÍS in English

US economy shrinks at record-breaking rate of 32.9% in Q2The U.S. economy shrank at a dizzying 32.9% annual rate in the April-June quarter – by far the worst quarterly plunge ever – when the viral outbreak shut down businesses,...

US economy shrinks at record-breaking rate of 32.9% in Q2 | Daily Sabah

The contraction in the euro zone’s second-largest economy was steeper than the 10.1% reported by Germany, where authorities kept a surge in COVID-19 related deaths in check and did not have to enforce a lockdown as strict as France’s.The contraction in the euro zone’s second-largest economy was steeper than the 10.1% reported by Germany, where authorities kept a surge in COVID-19 related deaths in check and did not have to enforce a lockdown as strict as France’s.

French economy shrank by record 13.8% in second quarter, better than feared - Business News

U.S. economic growth slowed a bit more than previously estimated in 2019 as the sugar high from the Trump administration's US$1.5 trillion in tax ...U.S. economic growth slowed a bit more than previously estimated in 2019 as the sugar high from the Trump administration's US$1.5 trillion in tax ...

US economic growth revised slightly down in 2019 - CNA

Second quarter real GDP declined by 32.9%. That marks the largest single quarter decline in recorded U.S. history, and triples the previous record of -10% in 1958.Second quarter real GDP declined by 32.9%. That marks the largest single quarter decline in recorded U.S. history, and triples the previous record of -10% in 1958.