1/3 of the US #economy shut down in the second quarter. The 32.9% annualized contraction is the WORST quarter in US history.
Consumer spending took the biggest hit--and that was WITH the now-expired CARES stipend.
https://www.zerohedge.com/markets/us-q2-gdp-crashes-record-329-worse-great-depression
#news #jobs #trade #unemployment