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US GDP fell at 5.0% rate in Q1; worse is likely on the way

by AP Economics Writer
| June 25, 2020 6:03 AM

WASHINGTON (AP) — The U.S. economy shrank at a 5.0% rate in the first quarter and a vastly worse performance is expected in the current three-month period, when the coronavirus pandemic began to spread across the U.S.

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