US economy grew at 33 percent rate in Q3 but recovery is incomplete

  • Date: 29-Oct-2020
  • Source: Egypt Independent
  • Sector:Economy
  • Country:Middle East
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US economy grew at 33 percent rate in Q3 but recovery is incomplete

WASHINGTON (AP) “” The US economy grew at a sizzling 33.1 percent annual rate in the July-September quarter “” by far the largest quarterly gain on record “” rebounding from an epic plunge in the spring, when the eruption of the coronavirus closed businesses and threw tens of millions out of work. Yet the recovery “¦ Continued

The post US economy grew at 33 percent rate in Q3 but recovery is incomplete appeared first on Egypt Independent.WASHINGTON (AP) “” The US economy grew at a sizzling 33.1 percent annual rate in the July-September quarter “” by far the largest quarterly gain on record “” rebounding from an epic plunge in the spring, when the eruption of the coronavirus closed businesses and threw tens of millions out of work. Yet the recovery