Gross domestic product

A shopper in a face mask looks over cuts of beef piled up in a cold room for purchase at a Costco warehouse store Tuesday, May 5, 2020, in west Denver. The U.S. economy rebounded at an even-stronger pace in the July-September quarter than first reported but a resurgence in the coronavirus is expected to slow growth sharply in the current quarter with some analysts even raising the specter of a double-dip recession. (AP Photo/David Zalubowski)
November 25, 2020 - 9:51 am
WASHINGTON (AP) — The second of three estimates on U.S. growth for the July-September quarter was unchanged at a record pace of 33.1%. But a resurgence in the coronavirus is expected to slow growth sharply in the current quarter with some economists even raising the specter of a double-dip...
Read More
October 30, 2020 - 9:11 am
MEXICO CITY (AP) — Mexico’s estimated gross domestic product in the third quarter of the year was 8.6% below that for the same July to September period the previous year, but showed signs of improvement, the country’s statistical agency said Friday. Even prior to the coronavirus pandemic, Mexico’s...
Read More
FILE - In this July 22, 2020, file photo, two women and a child wait to take a coronavirus test at a mobile testing site at the Charles Drew University of Medicine and Science in Los Angeles. California's plan to safely reopen its economy will begin to require counties to bring down coronavirus infection rates in disadvantaged communities that have been harder hit by the pandemic. (AP Photo/Marcio Jose Sanchez, File)
October 05, 2020 - 7:07 am
WASHINGTON (AP) — The U.S. economy faces risks from a potential resurgence of the coronavirus and from the failure so far of Congress to provide additional financial support for struggling individuals and businesses. That judgment emerges from a survey released Monday by the National Association...
Read More
FILE - In this Sept. 2, 2020 file photo, pedestrians walk past a business storefront with store closing and sale signs in Dedham, Mass. The U.S. economy plunged at a record rate in the spring but is poised to break a record for an increase in the just-ending July-September quarter. The Commerce Department reported Wednesday, Sept. 30, that the gross domestic product, the economy’s total output of goods and services, fell at a rate of 31.4% in the April-June quarter, only slightly changed from the 31.7% drop estimated one month ago. (AP Photo/Steven Senne)
September 30, 2020 - 9:50 am
WASHINGTON (AP) — The U.S. economy plunged at an unprecedented rate this spring and even with a record rebound expected in the just-ended third quarter, the U.S. economy will likely shrink this year, the first time that has happened since the Great Recession. The gross domestic product, the economy...
Read More
September 17, 2020 - 11:09 am
BUCHAREST, Romania (AP) — Romania’s armed forces received their first shipment of U.S. Patriot surface-to-air missiles on Thursday, part of efforts to upgrade the country’s military capabilities. The missiles made by defense contractor Raytheon, as well as recent purchases of F-16 fighter jets, are...
Read More
A homeless man stands at a street corner in Johannesburg, Wednesday July 22, 2020. Official statistics show that South Africa's economy has sunk deeper into recession, with its gross domestic product for the second quarter of 2020 plummeting by 51%, largely as a result of COVID-19 and the country's strict lockdown. (AP Photo/Denis Farrell)
September 08, 2020 - 9:35 am
JOHANNESBURG (AP) — South Africa’s economy has sunk deeper into recession, with its gross domestic product for the second quarter of 2020 plummeting by 51%, largely as a result of COVID-19 and the country's strict lockdown, according to statistics released Tuesday. South Africa imposed one of the...
Read More
German Chancellor Angela Merkel takes her mask off as she arrives with French President Emmanuel Macron for a press conference at the Fort de Bregancon, southern France, Thursday, Aug. 20, 2020. The leaders of Germany and France are meeting Thursday at a Mediterranean retreat for talks on how to resuscitate Europe's economy without causing a new virus crisis, and on a growing number of global hot spots. (Christophe Simon/Pool Photo via AP)
August 25, 2020 - 1:46 am
BERLIN (AP) — The German economy, Europe's biggest, shrank slightly less in the second quarter than originally estimated, the official statistics agency said Tuesday — though the 9.7% drop was still easily the worst on record. The Federal Statistical Office revised the quarter-on-quarter...
Read More
City of Hialeah employees loading up food and vegetables to hundreds of cars lined up for hours early during a drive-thru food distribution at the Goodlet Park in Hialeah, Fla., as the coronavirus pandemic continues on Wednesday, July 29, 2020. The City of Hialeah in partnership with Feeding South Florida organized the drive-thru food distribution. Food is distributed first-come, first-served while supplies last. (David Santiago/Miami Herald via AP)
July 30, 2020 - 12:51 pm
WASHINGTON (AP) — The coronavirus pandemic sent the U.S. economy plunging by a record-shattering 32.9% annual rate last quarter and is still inflicting damage across the country, squeezing already struggling businesses and forcing a wave of layoffs that shows no sign of abating. The economy's...
Read More
FILE - In this July 13, 2020 file photo, a For Rent sign hangs on a closed shop during the coronavirus pandemic in Miami Beach, Fla. Having endured what was surely a record-shattering slump last quarter, the U.S. economy faces a dim outlook as a resurgent coronavirus intensifies doubts about the likelihood of any sustained recovery the rest of the year. (AP Photo/Lynne Sladky)
July 29, 2020 - 1:32 pm
WASHINGTON (AP) — Having endured what was surely a record-shattering slump last quarter, the U.S. economy faces a dim outlook as a resurgent coronavirus intensifies doubts about any sustained recovery the rest of the year. A huge plunge in consumer spending as people stayed home and avoided...
Read More
July 15, 2020 - 8:01 pm
MEXICO CITY (AP) — The Economic Commission for Latin America and the Caribbean said Wednesday the region’s per-capita gross domestic product is likely to drop by 9.9% in 2020 due to the coronavirus pandemic. That would take the region back to GDP levels of 2010, something the U.N. commission called...
Read More

Pages