U.S. – NEW YORK – COVID – 19 – ECONOMY – CONTRACTION #Gallery
New York, July 30, 2020 (Xinhua) -- Customers are seen at the outdoor dining area of a restaurant at SoHo in New York, the United States, on July 30, 2020. The U.S. economy saw the sharpest contraction in decades between April and June as the country grappled with the fallout of COVID-19 lockdowns, indicating the depth and severity of the pandemic-induced recession. The U.S. economy contracted at an annual rate of 32.9 percent in the second quarter, the U.S. Commerce Department reported Thursday. It was the deepest decline since the government began keeping records in 1947. (Xinhua/Wang Ying/IANS)moreNew York, July 30, 2020 (Xinhua) -- A member of staff waits for customers at SoHo in New York, the United States, on July 30, 2020. The U.S. economy saw the sharpest contraction in decades between April and June as the country grappled with the fallout of COVID-19 lockdowns, indicating the depth and severity of the pandemic-induced recession. The U.S. economy contracted at an annual rate of 32.9 percent in the second quarter, the U.S. Commerce Department reported Thursday. It was the deepest decline since the government began keeping records in 1947. (Xinhua/Wang Ying/IANS)moreNew York, July 30, 2020 (Xinhua) -- A dinosaur sculpture with a face mask is seen at a store at SoHo in New York, the United States, on July 30, 2020. The U.S. economy saw the sharpest contraction in decades between April and June as the country grappled with the fallout of COVID-19 lockdowns, indicating the depth and severity of the pandemic-induced recession. The U.S. economy contracted at an annual rate of 32.9 percent in the second quarter, the U.S. Commerce Department reported Thursday. It was the deepest decline since the government began keeping records in 1947. (Xinhua/Wang Ying/IANS)more
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