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The US economic system suffered its most extreme contraction in additional than a decade within the first quarter of the 12 months, because the nation launched lockdowns to sluggish the unfold of coronavirus.
The world’s largest economic system sank at an annual fee of 4.8%, in line with official figures launched on Wednesday.
It marked the primary contraction since 2014, ending a document enlargement.
But the figures simply trace at…..(read more)
