{"id":75043,"date":"2020-07-31T02:52:02","date_gmt":"2020-07-31T06:52:02","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=75043"},"modified":"2020-07-31T02:52:54","modified_gmt":"2020-07-31T06:52:54","slug":"u-s-gdp-likely-sank-a-record-35-in-the-2nd-quarter-after-coronavirus-ravaged-the-economy","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2020\/u-s-gdp-likely-sank-a-record-35-in-the-2nd-quarter-after-coronavirus-ravaged-the-economy.html","title":{"rendered":"U.S. GDP likely sank a record 35% in the 2nd quarter after coronavirus ravaged the economy"},"content":{"rendered":"\n<p>(Marketwatch) The U.S. suffered the biggest economic decline in the second quarter since the government began keeping track after World War Two. How much? Try 30% \u2014 or more.Economists polled by MarketWatch estimate gross domestic product \u2014 the official scorecard for the U.S. economy \u2014 contracted by a record 34.6% annual pace from the start of April to the end of June.Before the coronavirus pandemic, the largest drop in GDP on record was 10% in 1958. The government\u2019s quarterly GDP figures go back to 1947.<br \/>\n<a href=\"https:\/\/www.marketwatch.com\/story\/us-gdp-likely-sank-a-record-35-in-the-2nd-quarter-after-coronavirus-ravaged-the-economy-2020-07-29?mod=home-page\"><br \/>\n<\/a>To read this article:<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Marketwatch) The U.S. suffered the biggest economic decline in the second quarter since the government began keeping track after World War Two. How much? Try 30% \u2014 or more.Economists polled by MarketWatch estimate gross domestic product \u2014 the official scorecard [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-75043","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/75043","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=75043"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/75043\/revisions"}],"predecessor-version":[{"id":75044,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/75043\/revisions\/75044"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=75043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=75043"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=75043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}